Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    344 Jacksonville Mall Jacksonville, NC 28546

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Anchor space in regional mall, near military base.

    We can help!

    Listing Contact
    John Varol
    Source: Atlanticretail

    Listing Agent: John Varol

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Jacksonville Mall Anchor Retail Space

    This anchor space is part of the Jacksonville Mall, a 495,000 square foot retail destination. The mall is the largest within a 50-mile radius. The property is conveniently located near US Marine Corps Camp Lejeune, which is home to over 170,000 active and retired military personnel and their families. Other anchor tenants include Belk, AMC Theatres, Barnes and Noble, and JC Penny. An existing auto service center is available for lease. The property can be leased to a single tenant or split for multiple uses.
    Location Intelligence

    Current Use by Public Records

    Covington Optometric Family ... Eye Care Center Sears Appliance Repair Appliance Repair Service Spirit Halloween Party Store

    Suggested Use

    Law Firm Kitchen & Bath Bar & Pub Electrical Service Computer & Electronic Repair Tech Support Center Plumbing Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Jacksonville
    County
    Onslow
    State
    North Carolina
    Longitude
    -77.3713
    Latitude
    34.8193

    Nearby Similar for Lease

    • $4,750 /Mo
      4,200 SF

      Medical Office Space Near Hospital

      Medical office space for rent near Onslow Memorial Hospital.
      219 Station St, Jacksonville, NC 28546
      View Details
    • $5,500 /Mo
      5,115 SF

      Jacksonville Commercial Space For Rent

      5,115 SF commercial space available for rent in Jacksonville.
      180 Coastal Ln, Jacksonville, NC 28546
      View Details
    • $5,750 /Mo
      6,600 SF

      Renovated Industrial Warehouse & Trucking Facility

      Move-in ready warehouse with modern office and truck access.
      161 Center St, Jacksonville, NC 28546
      View Details
    • $2,250 /Mo
      2,600 SF

      Jacksonville Commercial Space For Rent

      2600 SF office space available in Jacksonville, North Carolina.
      824 Gum Branch Rd, Jacksonville, NC 28540
      View Details
    • $650 /Mo
      200 SF

      Downtown Office Space with Bath

      Move-in ready office space with private full bathroom.
      730 Court St, Jacksonville, NC 28540
      View Details
    • $600 /Mo
      120 SF

      Office Suites on Western Boulevard

      Office/salon suites available on high-traffic Western Blvd.
      411 Western Blvd, Jacksonville, NC 28546
      View Details
    • $600 /Mo
      120 SF

      Office/Salon Suites on Western Blvd

      Office/salon suites available on high traffic, high visibility street.
      411 Western Blvd, Jacksonville, NC 28546
      View Details
    • $14,385 /Mo
      12,959 SF

      Retail Space in Walgreens Plaza

      13,000 SF retail space in Jacksonville, North Carolina.
      3069 Richlands Hwy, Jacksonville, NC 28540
      View Details
    • $3,800 /Mo
      6,000 SF

      Retail Space on Lejeune Boulevard

      6000 SF retail space with high traffic count.
      1921 Lejeune Blvd, Jacksonville, NC 28546
      View Details
    • $2,650 /Mo
      1,500 SF

      Retail Space in Jacksonville, NC

      Retail space for rent with high traffic and visibility.
      754 Ramsey Rd Unit, Jacksonville, NC 28546
      View Details
    • $1,900 /Mo
      1,660 SF

      Downtown Jacksonville Office/Retail Space

      1660 sq ft office/retail space in Downtown Jacksonville.
      114 Chaney Ave, Jacksonville, NC 28540
      View Details
    • $1,400 /Mo
      40,511 SF

      Midway Park Commercial Building For Rent

      Commercial building for rent with multiple potential uses.
      1224 Rocky Run Rd, Midway Park, NC 28544
      View Details

    FAQs

    What type of property is this?
    Shopping mall - Anchor space in regional mall, near military base.
    Where is this shopping mall located?
    The property is located at 344 Jacksonville Mall Jacksonville, NC.
    What are key features of this property?
    This property features: - Anchor space within Jacksonville Mall, a 495,000 SF retail destination and the largest mall within a 50-mile radius.; - Located near US Marine Corps Camp Lejeune (over 170,000 active and retired military personnel and family).; - Existing auto service center available for lease.
    (980) 498-3291
    Request Owner's contact information
    344 Jacksonville Mall Jacksonville, NC 28546
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    344 Jacksonville Mall
    Jacksonville, NC 28546
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    344 Jacksonville Mall Jacksonville, NC 28546
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    John Varol
    (980) 498-3291
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.