United StatesNorth CarolinaNewport129 Nine Foot Road

129 Nine Foot Road
129 Nine Foot Road Newport, North Carolina 28570 United States

$900,000
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Commercial retail property for sale in Newport, NC. High traffic count location. This property is located just off of US Hwy 70 E on Nine Foot Road, and is easily visible from the main highway, this location on US 70E has a high traffic count of...
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United Country Respess Wilder

Stacey Respess Bowen
  • DRE# 331523
Christopher H. Respess
  • DRE# 253328
Listing Courtesy of United Country Respess Wilder
2,834 Sq Ft.
Interior
.98 Acres
Exterior
Commercial
Property type
100387409
Web Id
100387409
MLS ID
Not In Subdivision
Subdivision
Carteret County Schools
School District
91
days ago

About 129 Nine Foot Road

Commercial retail property for sale in Newport, NC. High traffic count location. This property is located just off of US Hwy 70 E on Nine Foot Road, and is easily visible from the main highway, this location on US 70E has a high traffic count of 28,500 vehicles per day. It has 126 feet of frontage on Nine foot road that has a traffic count of 5,700 vehicles per day. The two parcels that make up the property total .98 acres and situated on it is a 2,834 square foot retail space that was built in 2011. The property has been occupied since 2014 by CVS Pharmacy, and the current lease is good until July of 2024. There are two 5 year extension options, with cost escalators, available that would extend the current lease until 2029, and 2034 respectively. Having a major tenant like CVS and the possibility to extend tenancy for another 13 years make this property a great investment opportunity. Officially chartered in 1866, the Town of Newport is ideally situated along the busy corridor between Havelock, and Morehead City, it's just minutes from Crystal Coast beaches, local military bases, or Historic downtown New Bern; making this retail property convienent to thousands of potential customers each day.

Listing Courtesy of Stacey Respess Bowen, United Country Respess Wilder

The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.

features

cooling
Heat Pump

PROPERTY INFORMATION

Amenities
No Amenities
Cooling
Central
Heating
Heat Pump
Parking Description
Circular, Lighted, Paved

EXTERIOR

Construction
Block
Exterior Features
Brick, Synthetic Stucco
Roofing
Membrane

INTERIOR

Flooring
Concrete
129 Nine Foot Road, Newport, North Carolina 28570 United States is a Commercial for Sale for $900,000 USD. Was built in , has 2,834 Sq.Ft. on a lot of .98 Acres and it's composed from Bedrooms, full baths

 

Listing Courtesy of United Country Respess Wilder
Advertiser Logo

United Country Respess Wilder

Stacey Respess Bowen
  • DRE# 331523
Christopher H. Respess
  • DRE# 253328
Listing Courtesy of United Country Respess Wilder
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