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Slocum Village 1-99 Park Ln 39,000 SF 100% Leased Retail Building Havelock, NC 28532 $1,599,000 ($41/SF)
Investment Highlights
- Strong Occupancy History
- Well Maintained Self Managed Asset
- High Visibilty and Central Location
Executive Summary
Investor Alert! Stable Income producing property with potential upside rent roll located in the central shopping district of Havelock, NC. This destination property consists of nearly 40,000 sq/ft and produces nearly 180k annually. Divided into multiple retail and entertainment parcels protects the investor from large income swings in the event of a unit vacancy. Current owner has been in place since 1992 so a rare opportunity to acquire bulk retail in this area. Tenants pay own utilities. Owner pays taxes, insurance, general repairs, and HVAC. Roof is completely covered in a Durolast membrane with metal sheathing on the overhangs/ awnings. Perfect 1031 opportunity as Cherry Point Marine Base has been growing over the past several years.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment
Property Type
Building Size
39,000 SF
Building Class
C
Year Built/Renovated
1960/2015
Price
$1,599,000
Price Per SF
$41
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.49
Lot Size
1.82 AC
Zoning
Commercial - Central Business District
Frontage
190’ on Highway 70
Amenities
- 24 Hour Access
- Signage
- Air Conditioning
Nearby Major Retailers
Property Taxes
| Parcel Number | 6-060-006 | Improvements Assessment | $635,100 |
| Land Assessment | $240,710 | Total Assessment | $875,810 |
Property Taxes
Parcel Number
6-060-006
Land Assessment
$240,710
Improvements Assessment
$635,100
Total Assessment
$875,810
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Slocum Village | 1-99 Park Ln
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