602-604 N Berkeley Blvd - Freestanding FOR SALE


Goldsboro, NC 27534
$4,334,203 USD
813-697-1255
602-604 N Berkeley Blvd, Goldsboro, NC for Sale
$4,334,203 USD
Freestanding - FOR SALE
1/6
null | 6.4% Cap Rate

602-604 N Berkeley Blvd
Goldsboro, NC 27534


HIGHLIGHTS

  • New Construction - Long Term Leases
  • Attractive Rent Increases
  • Dynamic Corporate Tenants
  • Minimal Landlord Responsibilities
  • Strategic Retail Location
  • High Traffic Counts

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive sale of a new construction, two-tenant plaza located at 602-604 N Berkeley Boulevard in Goldsboro, North Carolina (the “Property”). The build to suit, two-tenant plaza is improved with Aspen Dental & Five Guys and contains 5,894 square feet. Aspen Dental has 10+ years remaining on their Double Net (NN) Lease with three (3), 5-year renewal options. Five Guys has 10+ years remaining on their Double Net (NN) Lease with three (3), 5-year renewal options. Both leases feature attractive 10% rent increases throughout the primary lease and at the start of each renewal option. The new construction Property is extremely well-located along Berkeley Boulevard, the area’s primary commercial corridor. The Property is positioned in the heart of a large commercial cluster centered at the junction of US Route 13 and US Highway 70. Aspen Dental and Five Guys are surrounded by national and local retailers and restaurants and across the street from the 458,000 SF Berkeley Mall, all of which drive traffic to the area and provide a built-in customer base. The Property offers convenient access to US Highway 70, US Routes 13 and 117, and Interstates 42 and 795, as well as to UNC Health Wayne (Hospital and Medical Center), area schools, and Seymour Johnson Air Force Base, the area’s largest employer.

FOR SALE DETAILS

PRICE

$4,334,203 USD

PRICE/SF

$735 USD /SF

CAP RATE

6.4%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Aspen Dental & Five Guys

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Fast Food, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.76 AC

LAND SF

32,981 SF

ZONING

-

APN/PARCEL ID

3519534238

ASK ABOUT THIS PROPERTY

Chris KingHorvath & TremblayMore Info
813-697-1255

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Chris KingHorvath & TremblayMore Info
813-697-1255

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