304 Western Blvd
Jacksonville, NC 28546
Red Lobster 20 Year NNN Lease · Retail Property For Sale
Property Facts
Amenities
- Freeway Visibility
- Pylon Sign
- Restaurant
About 304 WESTERN BLVD , JACKSONVILLE, NC 28546
Marcus & Millichap is pleased to present for sale this Red Lobster located at 304 Western Boulevard in Jacksonville, North Carolina. The property is 6,879 square feet and is situated on approximately 2.25 acres of land. This Red Lobster is subject to a 25-year triple-net (NNN) lease, with roughly 20 years remaining on the lease. The rent is scheduled to increase by two percent annually, including through the four, five-year tenant renewal options. This 6,879 square foot restaurant is situated on a large 2.25 acre parcel of land and shares an entrance with Chick Fil A. Local traffic drivers include Onslow Memorial hospital as well as other retailers including Walgreen's, Sam's Club, Dick's Sporting Goods and The Home Depot. Walmart, Kohl's and Lowe's are among other nationally recognized retailers in the immediate area. BROKER OF RECORD: BEN YELM MARCUS&MILLICHAP REIS 151 MEETING STREET, SUITE 450 CHARLESTON, SC 29401 LICENSE: 303785
Property Taxes
| Parcel Number | 052846 | Improvements Assessment | $155,730 |
| Land Assessment | $994,570 | Total Assessment | $1,150,300 |
Property Taxes
