408 Western BlvdJacksonville, NC 28546

This exceptional investment opportunity presents a 7,060 square foot multi-tenant shopping center located at 408 Western Blvd, Jacksonville, NC 28546. The property boasts a strong tenant roster including Popeyes, Five Guys, and Kure Vaporium, all operating under triple net (NNN) leases, minimizing landlord expenses. The asking price is $2,025,000, representing a compelling 7.75% cap rate. The property generates a net operating income (NOI) of $156,932, inclusive of ground lease rental payments. The scheduled base rent totals $248,408.40. This strategically located center benefits from its position in the heart of Jacksonville, NC, offering excellent visibility and accessibility. The presence of recession-proof brands like Popeyes and Five Guys provides a stable and predictable income stream, making this an attractive investment for discerning buyers seeking a high-performing retail asset in a thriving market. The property's 7,060 square feet are currently fully occupied, offering immediate cash flow and a solid foundation for future growth. Detailed financial information is available upon request.