426-498 US Highway 70 W | Havelock, NC 28532
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- LoopNet Team
426-498 US Highway 70 W
Havelock, NC 28532
Three-Tenant Pad · Retail Property For Sale
Investment Highlights
- New Construction, Freestanding Three-Tenant Drive-Thru Pad (Smoothie King, The UPS Store, and T-Mobile)
- The UPS Store: New 10-year lease; 10% increase in year 6 of the base term and 2% annually in the options
- Strategically Situated Along U.S. Highway 70, a Major Traffic Thoroughfare and Commercial Corridor
- Smoothie King with Drive-Thru: New 10-year lease; 10% increases every 5 years during the base term
- Corporate T-Mobile: New 7-year lease; Three 5-year options at 10% increases
- Excellent Accessibility & Visibility: The property benefits from 2 points of ingress/egress along U.S. HWY 70 with traffic counts of nearly 26K CPD
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
5,039 SF
Building Class
C
Year Built
2023
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Land Acres
0.64 AC
Zoning
HC
Parking
293 Spaces (58.15 Spaces per 1,000 SF Leased)
Frontage
1,629 FT on US Highway 70 W.
PROPERTY TAXES
| Parcel Number | 6-216-007 | Improvements Assessment | $2,208,400 |
| Land Assessment | $907,490 | Total Assessment | $3,115,890 |
PROPERTY TAXES
Parcel Number
6-216-007
Land Assessment
$907,490
Improvements Assessment
$2,208,400
Total Assessment
$3,115,890
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