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
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.