Harkers Island Road Rd - Storefront FOR SALE


Beaufort, NC 28516
$2,233,000 USD
973-632-1386
Harkers Island Road Rd, Beaufort, NC for Sale
$2,233,000 USD
Storefront - FOR SALE
1/5
null | 6.65% Cap Rate

Harkers Island Road Rd
Beaufort, NC 28516


HIGHLIGHTS

  • Brand New 15-Year Lease | Scheduled Rental Increases | Established Brand | New Construction
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Limited Competition | Along Harkers Island Rd | Excellent Visibility | Atlantic Beach & The Outer Banks Tourism
  • Strong Demographics in 5-mile Trade Area

OVERVIEW

• The tenant recently signed a brand new 15 year lease with 5 (5-year) options to extend, demonstrating their commitment to the site • The lease features 5% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation • The newly-constructed building will feature a state-of-the-art design with high-quality materials • As of November 1, 2024, the Company has 20,523 Dollar General, DG Market, DGX and pOpshelf stores across the United States

FOR SALE DETAILS

PRICE

$2,233,000 USD

PRICE/SF

$210 USD /SF

CAP RATE

6.65%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

2.3 AC

LAND SF

100,188 SF

ZONING

GC

APN/PARCEL ID

7336.01.15.1926000

ASK ABOUT THIS PROPERTY

Kyle FantSRS Real Estate PartnersMore Info
973-632-1386

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Kyle FantSRS Real Estate PartnersMore Info
973-632-1386

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