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Marketing Description
Atlantic Investments is pleased to present the opportunity to acquire Shops at Gateway Marketplace, a 100% leased retail Strip Center Jacksonville, NC. Shops at Gateway Marketplace is a newly developed Multi-Tenant retail center fully occupied by a lineup of four Service-Oriented Tenants. The tenancy includes Peno's Mediterranean Grill, Kwench Juice Cafe, Jersey Mike's Subs, and Massage Envy. Shops at Gateway Marketplace is prominently located on Western Blvd, Jacksonville's premier commercial corridor, featuring visibility to over 47,000 VPD. The property also enjoys a dedicated turn lane on Western Blvd, along with a lighted intersection and access from Henderson Dr, offering ease-of-access to traffic from all directions. The property also benefits from its location in close proximity to Gateway Market Place, a brand-new Publix Anchored shopping center also featuring Michaels, HomeGoods, and Ulta Beauty.
Investment Highlights
- Publix Shadow Anchored Center – Site is adjacent to Gateway Marketplace, a brand-new Community Shopping Center featuring Publix, Homegoods, Ulta, and will further drive consumers to the asset
- Economic Stability – Jacksonville, NC is home to Marine Corps Base Camp Lejeune which has a total population of over 123K and Economic Impact of over $3.9 Billion
- Recent Construction – Built in 2016, this asset provides a new investor with limited exposure to capital repairs
- Service Oriented Tenants – Shops at Gateway Marketplace is completely comprised of internet resistant tenants
- Directly Services Carolina Forest and Jacksonville Commons – Two sprawling master planned communities featuring single family homes, townhomes, and apartment complexes, along with multiple schools and recreational centers
- Established Trade Area – National Retailers within the immediate vicinity include; Target, Old Navy, Ross, Homegoods, Walmart, Sam’s, PetSmart, Lowe’s Home Improvement, and more
- Above Average Household Incomes – Over $64,000 in 3-mile Radius
- Densely Populated Area – Over 43,000 people in 3-mile Radius
- Tremendous Traffic Counts – 47,000 VPD on Western Blvd and 15,000 VPD on Henderson Dr
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Zoning
CC CommercialSpecial CommercialCorridor Commercial
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Property Details
Contacts
Sold on
BY:
David Hoppe PRO
LIC: NC 288268
•••.•••.1972
••oppe@••••••••••••••.com
Sold on
BY:
Sam Young PRO
LIC: NC 185832
•••.•••.3292
••oung@••••••••••••••.com
Sold on
BY:
Andrew Jomantas PRO
LIC: 314050
•••.•••.5753
•••••ntas@••••••••••••••.com
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