Mavis Absolute NNN
For Sale
Contact for pricing
635 Jake Alexander Blvd W, Salisbury, NC 28147
Mavis location backed by a 20-year absolute NNN lease commencing at escrow closing.
Property Size6,700 SF
Lot Size0.81 Acres
Days on Market144
Property Features for 635 Jake Alexander Blvd W
General Information
Standard status
Active
Size
6,700 SF
Lot size
0.81 Acres
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
SURMOUNT
(332) 345-4222
Listed By:
Glen Kunofsky · License #NY 49KU1129178
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 10:42PM
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 SURMOUNT
Investment Insights
Based on property information with market context.
This Mavis property includes approximately 6,700 rentable square feet within an estimated 0.81-acre parcel. The asset is structured under a 20-year absolute triple-net lease that begins when escrow closes, providing a defined lease term for the transaction.
Located at 635 Jake Alexander Boulevard West in Salisbury, North Carolina, the property also includes six five-year renewal options. Contractual rent increases are set at 5% every five years during the initial term and throughout each renewal period.
Located at 635 Jake Alexander Boulevard West in Salisbury, North Carolina, the property also includes six five-year renewal options. Contractual rent increases are set at 5% every five years during the initial term and throughout each renewal period.
Key Highlights
- Mavis property with approximately 6,700 rentable square feet
- Estimated 0.81‑acre parcel
- 20‑year absolute triple‑net lease begins upon close of escrow
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
437
Businesses Nearby
234k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 37%
Dining 33%
Shops & Services 26%
Apparel 3%
Food Lion Grocery Store
Groceries
36,599 visits/mo
0.2 miles
Harris Teeter
Groceries
33,024 visits/mo
0.4 miles
McDonald's
Dining
31,356 visits/mo
0.1 miles
Aldi
Groceries
16,690 visits/mo
0.4 miles
Burger King
Dining
12,732 visits/mo
0.1 miles
Demographics for 28147, NC
26,618
Population
10,095
Households
2.6
Avg Household Size
40
Median Age
19%
College-Educated
86%
High-School Grad
77.6 sq mi
ZIP Area
343
Density / Sq Mi
$59,770
Median Household Income
$36,118
Median Earnings
$1,036
Median Rent
$241,600
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Mavis location backed by a 20-year absolute NNN lease commencing at escrow closing.
Where is this nnn property located?
The property is located at 635 Jake Alexander Blvd W Salisbury, NC.
What are key features of this property?
This property features: Mavis property with approximately 6,700 rentable square feet; Estimated 0.81‑acre parcel; 20‑year absolute triple‑net lease begins upon close of escrow
