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311 Main
Havelock, NC 28532
Havelock Shopping Center · Retail Property For Sale
Investment Highlights
- 96.5% occupied, multi-tenanted with a mix of local and national tenants.
- Less than 1 mile from MCAS Cherry Point and 19 miles to Atlantic Beach.
- Located off US Hwy 70 with a traffic count of 30,000 VHPD.
- Tenants include AutoZone, Dominos, Jackson Hewitt, Duke Energy.
Executive Summary
Cape Fear Commercial is pleased to present this offering for the Havelock Shopping Center, an inline shopping center located on HWY-70 situated less than a mile from Marine Corps air station Cherry Point.
Located along the US Highway 70 corridor, Havelock serves as a key commercial hub between New Bern and Morehead City, offering strong traffic exposure and strategic regional access. The site will also benefit from the 10-Mile U.S. 70 Bypass (est. completion date Summer), improving freight and traffic flow toward Morehead City & Raleigh.
Located along the US Highway 70 corridor, Havelock serves as a key commercial hub between New Bern and Morehead City, offering strong traffic exposure and strategic regional access. The site will also benefit from the 10-Mile U.S. 70 Bypass (est. completion date Summer), improving freight and traffic flow toward Morehead City & Raleigh.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
45,500 SF
Building Class
C
Year Built
1963
Price
$4,258,563 CAD
Price Per SF
$93.59 CAD
Cap Rate
7.33%
NOI
$312,165 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
4.94 AC
Zoning
Highway Commercial - Highway Commercial
Parking
175 Spaces (3.85 Spaces per 1,000 SF Leased)
Frontage
550’ on US-70 service road
Amenities
- Pylon Sign
Property Taxes
| Parcel Number | 6-053-019 | Improvements Assessment | $2,787,435 CAD |
| Land Assessment | $987,176 CAD | Total Assessment | $3,774,612 CAD |
Property Taxes
Parcel Number
6-053-019
Land Assessment
$987,176 CAD
Improvements Assessment
$2,787,435 CAD
Total Assessment
$3,774,612 CAD
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