Lot 10 of The Landing at Sylvester Farm
Richlands (Jacksonville), NC 28574
Hwy 55
| Offering Summary | |||
|---|---|---|---|
| Price | $3,373,753 | Cap Rate | 5.10% |
| NOI | $172,061.42 | Rentable SF | 2,490 SF |
| Lot Size | 1.047 +/- Acres | Year Built | 2022 |
| Lease Type | Absolute NNN | Lease Term | 20 Years |
Investment Highlights
- Brand New 2022 Construction (New Prototype)
- 20-Year Absolute NNN Lease w/ 10% Increases Every 5-Years
- Surrounded by Many New Retail & Residential Developments
- Great Visibility & Access Right Off Richards Highway
- Traffic Counts Exceed 20,000 Vehicles Per Day
- 7% Expected Population Growth Over the Next 5-Years
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For More Information, Please Contact:
John R Wertz
Managing Principal
(619) 218-6427
jwertz@wertzrealestate.com
Greg LaBarre
Vice President
(619) 997-1242
glabarre@wertzrealestate.com