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4275 Western Blvd 10,800 SF 100% Leased Retail Building Jacksonville, NC 28546 $5,371,509 CAD ($497.36 CAD/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- Long term, established tenant in place
EXECUTIVE SUMMARY
Exclusive Investment Opportunity: Triple Net Lease with Established Medical Tenant! Prime Western Boulevard Frontage Location in Jacksonville, NC
Looking for a secure and reliable income stream? This premier investment property offers a 100% leased space with a highly respected and long-standing tenant—Carolina East Health. Known for its outstanding rental history and commitment to the property, Carolina East Health has just signed a new 5-year lease extension with extensions through 2040, reinforcing the stability and long-term viability of this investment.
Spanning 10,800 sqft, this Class A medical, office, and mixed-use space is meticulously maintained, offering a turn-key solution for investors seeking an income-producing asset. Originally developed as an investment property, it remains in excellent condition and has the flexibility to be subdivided should the tenant ever decide to vacate, though no such indication is anticipated.
Key Property Features:
100% leased to Carolina East Health, a reputable and established tenant
Long-term security with guaranteed rent through the current lease term, plus scheduled rent increases upon renewals
10,800 sqft of prime Class A office/medical space—ideal for medical, restaurant, retail, office, or mixed-use applications
Ample parking and beautifully landscaped grounds that enhance the property’s appeal
Strategic location on the high-traffic Western Boulevard, ensuring high visibility and accessibility
Whether you're an experienced investor or looking to expand your portfolio, this opportunity offers exceptional returns, steady cash flow, and long-term growth potential. Don’t miss your chance to secure a high-quality, low-risk investment!
Call today to schedule a private tour and learn more about how this property can enhance your investment strategy.
*Seller is licensed NC real estate broker.
Looking for a secure and reliable income stream? This premier investment property offers a 100% leased space with a highly respected and long-standing tenant—Carolina East Health. Known for its outstanding rental history and commitment to the property, Carolina East Health has just signed a new 5-year lease extension with extensions through 2040, reinforcing the stability and long-term viability of this investment.
Spanning 10,800 sqft, this Class A medical, office, and mixed-use space is meticulously maintained, offering a turn-key solution for investors seeking an income-producing asset. Originally developed as an investment property, it remains in excellent condition and has the flexibility to be subdivided should the tenant ever decide to vacate, though no such indication is anticipated.
Key Property Features:
100% leased to Carolina East Health, a reputable and established tenant
Long-term security with guaranteed rent through the current lease term, plus scheduled rent increases upon renewals
10,800 sqft of prime Class A office/medical space—ideal for medical, restaurant, retail, office, or mixed-use applications
Ample parking and beautifully landscaped grounds that enhance the property’s appeal
Strategic location on the high-traffic Western Boulevard, ensuring high visibility and accessibility
Whether you're an experienced investor or looking to expand your portfolio, this opportunity offers exceptional returns, steady cash flow, and long-term growth potential. Don’t miss your chance to secure a high-quality, low-risk investment!
Call today to schedule a private tour and learn more about how this property can enhance your investment strategy.
*Seller is licensed NC real estate broker.
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PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
10,800 SF
Building Class
A
Year Built
2014
Price
$5,371,509 CAD
Price Per SF
$497.36 CAD
Cap Rate
6%
NOI
$322,291 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
1.50 AC
Zoning
CC - Corridor Commercial
Parking
20 Spaces (1.85 Spaces per 1,000 SF Leased)
Frontage
214’ on Western Blvd
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 060791 | Improvements Assessment | $1,973,920 CAD |
| Land Assessment | $1,091,221 CAD | Total Assessment | $3,065,141 CAD |
PROPERTY TAXES
Parcel Number
060791
Land Assessment
$1,091,221 CAD
Improvements Assessment
$1,973,920 CAD
Total Assessment
$3,065,141 CAD
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4275 Western Blvd
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