Northpark Village
US - Lubbock, TX
THB 346,803,000 | 6,548 m²
Retail
Under Contract
Atlantic Station
1010 W Ft Macon Rd, Atlantic Beach, NC, 28512-5318, US
Gallery
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
0.06 km² (61,917 m²)
NOI
THB 29,500,000
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)
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Last updated
30 Nov 2022