Auction - Dick’s & Big Lots | Leasehold
Jacksonville, NC

$1,000,000 USD

General Retail For Sale • 65,000 SF

2 Properties View all

Property Details

Property Type General Retail

50 Walk Score

                
                    Highlights
                
                                STARTING BID $500,000 | Dick’s Sporting Goods & Big Lots | Double Digit Cap Rate | 35K VPD (Leasehold Interest) | AUCTION AUGUST 24-26
                            
                                100% Leased to 2 National Tenants between Walmart and Sam’s Club in Region’s Dominant Retail Location
                            
                                $486,063 NOI | 20-Year Operating History for Dick’s | 14-Year Operating History for Big Lots | ±30 Years Remaining on Existing Ground Lease
                            
                                ±35,000 VPD Traffic Count on Western Blvd in Jacksonville’s Primary Retail Corridor
                            
                                Nearby Retail: Walmart, Sam’s Club, Target, Lowe’s, Home Depot, Hobby Lobby, Marshalls, Best Buy, and More
                            
                                Economy Anchored by Marine Corps Base Camp Lejeune, one of the Largest Military Bases in the US