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2014 S Croatan HwyKill Devil Hills, NC 27948
Diverse Net Lease Portfolio with National Tenants
Asset ClassRetail
Various Locations Nationwide | Must Be Purchased as a Portfolio
overview of deal

Overview

The Diverse Net Lease Portfolio with National Tenants offers investors a rare opportunity to acquire a nationally distributed, institutionally curated collection of retail assets anchored by industry-leading tenants. Spanning multiple states and featuring brands such as Dollar Tree, Walgreens, Havertys, Mattress Firm, Verizon, Staples, Office Depot, and Octapharma Plasma, the portfolio delivers strong geographic and tenant diversification with a balanced mix of long-term corporate leases and value-add upside. With an in-place NOI of approximately $3.6 million, priced at $39.99 million with a 9.00% cap rate, and a pro forma return approaching 10%, this portfolio provides a compelling blend of durable income and strategic growth potential. Offered free and clear of debt and available only as a portfolio sale, it is well-suited for both private and institutional capital seeking stable cash flow, credit tenancy, and diversification across markets and industries.

 

In Association with Scott Reid & ParaSell, Inc. | Costa Mesa, California | P: 949.942.6585 | A Licensed Real Estate Broker in: Arizona (#CO709902000) | Florida

(#CQ1059597) | Georgia (#77666) | Massachusetts (#423311-RE-C) | New York (#10991231395) | North Carolina (#C32060) | Pennsylvania (#RB069068) | South

Carolina (#23763) | Texas (#9009637) | Vermont (#083.0650387-MAIN) | & Virginia (#0226032019)

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2014 S Croatan HwyKill Devil Hills, NC 27948
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Listing provided by Revere CRE