Northpark Village
US - Lubbock, TX
IDR 151,190,207,000 | 6,548 m²
Asset Description
HIGH-PERFORMING GROCERY ANCHORED CENTER IN GROWING COASTAL CAROLINA MARKET
...
Attributes
Building area Gross
13,262 m²
Occupancy
87.90%
Year built
1987
Land area Gross
6.19 ha (61,917 m²)
NOI
IDR 12,860,340,000
Media
Investment Highlights
- ONLY GROCERY STORE WITHIN 3 MILES
- INVESTMENT GRADE CREDIT TENANCY
- COASTAL LOCATION PROMOTES HIGH BARRIERS TO ENTRY
- MARK-TO-MARKET RENT OPPORTUNITY (3%+ CAGR)
- ACQUIRE WELL BELOW REPLACEMENT COST
- OPPORTUNITY TO ACQUIRE WITH EMERALD PLANTATION FOOD LION ANCHORED CENTER (EMERALD ISLE, NC - 30 MINUTES AWAY)
Contact brokers
Atlantic Station (0 Properties)
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Last updated
30 Nov 2022
