1500 Live Oak St Beaufort, NC 28516
- Lifestyle centers
- 53,040 SF
- 7.15 lot acres
Current Use by Public Records
- Lifestyle centers
Property Details for 1500 Live Oak St
- Lot size
- 7.15 lot acres
- Property size
- 53,040 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This exceptional investment opportunity presents a 53,040 square foot, 100% occupied retail center situated on 7.15 acres in Beaufort, North Carolina. The property comprises two buildings and five parcels, featuring a strong tenant mix of national and credit tenants including Dollar Tree, McDonald's, AutoZone, Piggly Wiggly, and Jersey Mike's Subs. The center is anchored by a Piggly Wiggly grocery store, operating at this location for 45 years, with a recent anchor renewal. McDonald's, a key tenant, consistently ranks among the top 20 quick-service restaurants within a 50-mile radius. The property boasts a complete roof replacement completed in 2020, backed by a 20-year warranty. A significant value-add opportunity exists with a vacant 2.20-acre parcel, offering flexibility for future development. The B-1 commercial zoning allows for a wide variety of uses. The asking price for this exceptional retail center is $6,037,213. This property offers a compelling combination of strong occupancy, established tenants, and significant upside potential. The location at 1500 Live Oak St, Beaufort, NC 28516, provides excellent visibility and accessibility.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Beaufort
- County
- Carteret
- State
- North Carolina
- Longitude
- -76.6459
- Latitude
- 34.7243
