Northpark Village
US - Lubbock, TX
$10,146,000 | 70,479 sf
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
142,746 sf
Occupancy
87.90%
Year built
1987
Land area Gross
15.30 acres (666,468 sf)
NOI
$863,000
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
Nov 30, 2022