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Shopping Strip

Jones Village Portfolio

1500 Live Oak St, Beaufort, NC 28516

Listing Price: $4,891,534

Cap Rate
6.97%
Gross SF
53,040
Rentable SF
53,040
Price/Gross SF
$92.22
Lot Size
4.95 acres
Year Built
1984

Investment Overview

Marcus & Millichap is pleased to present for sale a 53,040 total square foot portfolio located in Beaufort, North Carolina. The portfolio consists of a 100% leased grocery anchored retail strip, and a McDonald's ground lease.

Investment Highlights

  • 53,040 Total GLA | Two (2) Buildings | 4.95 Acres | Four (4) Parcels Total
  • Grocery Anchored Retail Strip + McDonald's Ground Lease
  • 100% Leased with 90% of GLA National and/or Credit Tenant
  • Strong Tenant Mix: AutoZone, Dollar Tree, Jersey Mikes, McDonald's, Piggly Wiggly
  • New Roof with 20 Year Warranty
  • Piggly Wiggly Exercised Early Renewal & Invested 200k In Space Improvements
  • Beaufort, NC | County Seat of Carteret County
  • Top 5 Most Visited State in the Country | Top 11 Most Visited County in North Carolina

Exclusively Listed By

Financing By

Shopping Strip

Jones Village Portfolio

Listing Price: $4,891,534

Cap Rate
6.97%
Gross SF
53,040
Rentable SF
53,040
Price/Gross SF
$92.22
Lot Size
4.95 acres
Year Built
1984

Investment Highlights

  • 53,040 Total GLA | Two (2) Buildings | 4.95 Acres | Four (4) Parcels Total
  • Grocery Anchored Retail Strip + McDonald's Ground Lease
  • 100% Leased with 90% of GLA National and/or Credit Tenant
  • Strong Tenant Mix: AutoZone, Dollar Tree, Jersey Mikes, McDonald's, Piggly Wiggly
  • New Roof with 20 Year Warranty
  • Piggly Wiggly Exercised Early Renewal & Invested 200k In Space Improvements
  • Beaufort, NC | County Seat of Carteret County
  • Top 5 Most Visited State in the Country | Top 11 Most Visited County in North Carolina

Investment Overview

Marcus & Millichap is pleased to present for sale a 53,040 total square foot portfolio located in Beaufort, North Carolina. The portfolio consists of a 100% leased grocery anchored retail strip, and a McDonald's ground lease.

Exclusively Listed By

Financing By

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