Retail
Under Contract

Atlantic Station

1010 W Ft Macon Rd, Atlantic Beach, NC, 28512-5318, US

Executive Summarydownload
Atlantic Station_Property for Sale

Gallery

Asset description

HIGH-PERFORMING GROCERY ANCHORED CENTER IN GROWING COASTAL CAROLINA MARKET

Attributes

Building area gross
142,746 sf
Occupancy
88.00%
Year built
1987
Land area Gross
15.30 acres (666,468 sf)

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