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Unanchored Four-Tenant Strip Center
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4157 Western Boulevard, Jacksonville, NC 28546

Fully occupied retail property with NNN leases and built-in rent escalations.

Property Size11,350 SF
Price / SF$392.89
Days on Market18

Property Features for 4157 Western Boulevard

General Information

Standard status Active
Size 11,350 SF
Class A
Property subtype Retail
Occupancy 100%
Lease Type NNN
Net Operating Income $277,731

Additional Details

Traffic Count 40,000 vehicles/day

Building Details

Year Built 2014
Buildings 1
Stories 1
Units 4
Tenancy Multi
Listing Agency: Matthews
Listed By: Cole Abel · License #363402
Source: Crexi
Added: Aug 17 Changed: Sep 1 Last Checked: Sep 3 at 3:13AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Matthews

Investment Insights

Based on property information with market context.

The Shoppes on Western is a 11,350-square-foot unanchored retail center completed in 2014. The property contains four tenant spaces and is fully occupied under NNN lease structures. Lease provisions include built-in rent escalations, while the largest tenant has executed a new ten-year lease. The offering includes the fee simple interest in the property.

Located at 4157 Western Boulevard in Jacksonville, the center fronts a corridor reporting nearly 40,000 vehicles per day. Surrounding retail includes Walmart, Academy Sports, Chick-fil-A, Lowe’s, Target, Publix, HomeGoods, Aldi, Starbucks, Chipotle, Taco Bell, Panera Bread, and Zaxby’s. The property is positioned within an established retail concentration along Western Boulevard.

Key Highlights

  • ±11,350 square‑foot unanchored retail center
  • Fully occupied with four tenants
  • All leases are structured as NNN

Property Analytics

Current Use

5 Star Nutrition ... (Bike/Boat/Book/etc) Store Leo’s Italian Kitchen Restaurant Old Chicago Pizza ... Restaurant Twisted Tenders Restaurant Grand Nail Salon Nail Salon

Suggested Use

Top Pick Building Supply Auto Repair Shop Law Firm Big Box & Wholesale Store Auto Parts Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

40,000 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

678
Businesses Nearby
386k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 35% Groceries 26% Shops & Services 17% Apparel 14%
Academy Sports + Outdoors Apparel
52,370 visits/mo 0.1 miles
Publix Groceries
43,200 visits/mo 0.4 miles
Walmart Neighborhood Market Groceries
35,464 visits/mo 0.2 miles
Michaels Shops & Services
25,647 visits/mo 0.5 miles
AMC CLASSIC Kalli 12 Leisure
22,721 visits/mo 0.1 miles

Demographics for 28546, NC

48,547
Population
21,387
Households
2.3
Avg Household Size
30
Median Age
25%
College-Educated
95%
High-School Grad
103.9 sq mi
ZIP Area
467
Density / Sq Mi
$60,552
Median Household Income
$39,487
Median Earnings
$1,174
Median Rent
$212,200
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Strip mall - Fully occupied retail property with NNN leases and built-in rent escalations.
Where is this strip mall located?
The property is located at 4157 Western Boulevard Jacksonville, NC.
What is the asking price?
The asking price for this property is $4,459,322.
What are key features of this property?
This property features: ±11,350 square‑foot unanchored retail center; Fully occupied with four tenants; All leases are structured as NNN
More about this property
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