2227 Lejeune Blvd - Auto Repair FOR SALE


Jacksonville, NC 28546
$2,047,000 USD
704-697-1900
2227 Lejeune Blvd, Jacksonville, NC for Sale
$2,047,000 USD
Auto Repair - FOR SALE
1/4
null | Request Cap Rate

2227 Lejeune Blvd
Jacksonville, NC 28546


HIGHLIGHTS

  • CORPORATE GUARANTY FROM RAPIDLY GROWING TENANT
  • ATTRACTIVE LEASE FUNDAMENTALS
  • SYNERGY WITH SURROUNDING AUTO BUSINESSES

OVERVIEW

CORPORATE GUARANTY FROM RAPIDLY GROWING TENANT - Strickland Brothers is one of the fastest growing companies in the United States, with over 170 Locations in 22 states - Ranked number 504 in prestigious 5000 listing for 2022 ATTRACTIVE LEASE FUNDAMENTALS - 15 Year Abs. NNN Lease - 10% rental increases every 5 years including options - Four (4) - five (5) year options - Zero LL responsibilities NEW CONSTRUCTION - New build-to-suit Strickland Brothers prototype - Warranties will be transferred to the new owner GOOD VISIBILITY ON MAJOR MILITARY ROUTE - More than 36.5K cars travel on Lejeune Blvd - Over 850 apartments from across the street Tarawa Terrace, the living corridors for Camp Lejeune Military Base - Less than 3 miles to Camp Lejeune Military Base Entrance SYNERGY WITH SURROUNDING AUTO BUSINESSES - Nearby national auto users include: NTB, O’Reilly Auto Parts, and Caliber Collisions - Over 267K SF of retail retail space in a 1-mile radius

FOR SALE DETAILS

PRICE

$2,047,000 USD

PRICE/SF

$1,365 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Strickland Brothers

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Service Station, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.9 AC

LAND SF

39,204 SF

ZONING

B1

APN/PARCEL ID

352F-3

ASK ABOUT THIS PROPERTY

David HoppeAtlantic Capital PartnersMore Info
704-697-1900

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David HoppeAtlantic Capital PartnersMore Info
704-697-1900

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.