Boot Barn NNN Property For Sale — Jacksonville, NC
380 Western Blvd, Jacksonville, NC unknown
This newly renovated Boot Barn property, constructed in 1999 and updated in 2020, offers an excellent net lease investment opportunity. Located in Jacksonville, North Carolina, the property features a new 10-year absolute triple net lease with no landlord responsibilities, providing stable income. The lease includes attractive 10% rental escalations every five years and through all renewal options. Situated at a prominent signalized intersection along Western Boulevard, a major thoroughfare with high traffic counts (46,000 VPD), the property benefits from exceptional visibility and accessibility. It is strategically positioned just off US Hwy 17 (12,000 VPD) and functions as an outparcel to Jacksonville Mall. The surrounding retail corridor is robust, featuring national retailers such as…
- Address: 380 Western Blvd, Jacksonville, NC unknown
- Asking price $2.64M
- 7.00% cap rate
- NOI $184,800
- 3.8 years remaining
- NNN lease
- Year built: 1999
- Building size: 11,200 SF
- Lot size: 1.35 acres
- Lease expiration: Jun 30, 2030
- Rent increases: 10% rental escalations every five years
- Guarantor: Corporate
Location
This Boot Barn property is at 380 Western Blvd in Jacksonville, North Carolina.
Asset type: Retail