201 Freedom Way Jacksonville, NC 28544
High-Yield Auto Parts Investment, NC
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- $842,000 asking price for a 6,000 SF auto shop in Jacksonville, NC.
- NN lease with Advance Auto Parts, expiring 12/31/2028 (4.1 years remaining), with two 5-year options.
- 7.50% cap rate, 100% occupancy, and $63,204 NOI.
- Recent roof and parking lot replacement.
- Below-market rent with a strong 4% rent-to-sales ratio and 80th percentile location ranking.
Property Details for 201 Freedom Way
- Property type
- Retail properties, Auto shops
- Square Feet
- 6,000 SF
Location Insight
- City
- Jacksonville
- County
- Onslow
- State
- North Carolina
- Latitude
- 34.7172506
- Longitude
- -77.3243171
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-Yield Auto Parts Investment, NC
- Where is the retail property located?
- The property is located at 201 Freedom Way Jacksonville, NC.
- What is the asking price?
- The asking price for this property is $842,000.
- What are key features of this property?
- This property features: $842,000 asking price for a 6,000 SF auto shop in Jacksonville, NC.; NN lease with Advance Auto Parts, expiring 12/31/2028 (4.1 years remaining), with two 5-year options.; 7.50% cap rate, 100% occupancy, and $63,204 NOI.
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