505 Atlantic Beach Cswy | Atlantic Beach, NC 28512
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- LoopNet Team
505 Atlantic Beach Cswy
Atlantic Beach, NC 28512
Waterfront Restaurant w/ long-term tenant · Retail Property For Sale
Investment Highlights
- Waterfront restaurant investment property with strong tenant
- 19,000 vehicles/day traffic volume
- 7 boat slips included (revenue to landlord)
- Tenant is a regionally growing franchise
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,219 SF
Building Class
C
Year Built/Renovated
1958/2018
Tenancy
Single
Building Height
1 Story
Loading Docks
7 Exterior
Building FAR
0.28
Lot Size
0.34 AC
Zoning
commercial corridor
Parking
25 Spaces (6.2 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Restaurant
- Signage
- Waterfront
- Air Conditioning
About 505 Atlantic Beach Cswy , Atlantic Beach, NC 28512
Waterfront property with successful restaurant in operation (solid regional tenant in place). 7 boat slips also accompany this highly visible property on the main causeway bridge into Atlantic Beach. Traffic volume on Atlantic Beach Causeway is 19,000/day. 9.0% cap rate investment in excellent location at entrance to Atlantic Beach NC.
PROPERTY TAXES
| Parcel Number | 6375.12.95.6921000 | Improvements Assessment | $297,697 |
| Land Assessment | $362,500 | Total Assessment | $660,197 |
PROPERTY TAXES
Parcel Number
6375.12.95.6921000
Land Assessment
$362,500
Improvements Assessment
$297,697
Total Assessment
$660,197
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