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4157 Western Blvd
Jacksonville, NC 28546
Pad 2 · Retail Property For Sale
Investment Highlights
- 100% leased, all NNN leases with 6.2-year WALT providing stable, predictable cash flow
- Service-oriented tenants in food & beverage, health & wellness, and personal care
- Anchored by Marine Corps Base Camp Lejeune, providing a stable employment base
- Largest tenant executed a new 10-year lease through 2035, securing over 52% of GLA
- ~40,000 vehicles per day on Western Boulevard, Jacksonville's primary retail corridor
- 5-mile trade area projected to grow by over 2,700 residents through 2030
Executive Summary
Gerard Hamas
License # 362768, C42113 (NC)
Matthews of North Carolina, LLC
307 W. Tremont Ave., Ste 200, Charlotte, NC 28203
(866) 889-0550
License # 362768, C42113 (NC)
Matthews of North Carolina, LLC
307 W. Tremont Ave., Ste 200, Charlotte, NC 28203
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
11,350 SF
Building Class
B
Year Built
2014
Price
$6,150,564 CAD
Price Per SF
$541.90 CAD
Cap Rate
6.23%
NOI
$383,180 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
1.34 AC
Zoning
CU-B-1 - Commercial Use, Neighborhood Business District
Parking
103 Spaces (9.07 Spaces per 1,000 SF Leased)
Frontage
795’ on Western Boulevard
Amenities
- Signage
- Signalized Intersection
- Air Conditioning
Property Taxes
| Parcel Number | 158578 | Improvements Assessment | $1,133,697 CAD |
| Land Assessment | $966,089 CAD | Total Assessment | $2,099,785 CAD |
Property Taxes
Parcel Number
158578
Land Assessment
$966,089 CAD
Improvements Assessment
$1,133,697 CAD
Total Assessment
$2,099,785 CAD
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