Leased Office Building For Sale

Office for Sale
Catylist Listing ID: 30186983
Property Subtypes: Net Leased, Office Building
Building Size (RSF): 4,634 SF
Gross Land Area: 0.37 Acres
Sale Price: $611,000
Unit Price: $131.85 PSF
Property Use Type: Investment
Building Name: 231 Commerce Street
Class of Space: Class B
Usable Size (USF): 4,634 SF
Sale Terms: Cash to Seller
Last Updated: 9/16/2020

Overview / Comments

Leased office building located just off Arlington Blvd. behind Arlington Centre in close proximity to East Carolina University, Greenville Mall and many other retailers and professional offices.

Landlord responsible for roof/structure/parking lot, taxes and insurance. NOI $50,524.

Pride in North Carolina (PRIDE) is a private organization established in 1988 to provide services to persons of all ages with mental illness, mental retardation and behavioral disorders.

Current Tenants

Tenant Business Name Pride in North Carolina
Contact Name Gary Bass
Contact Title CEO
Industry Type Health Care and Social Assistance
Is Renting? Yes
Year Founded 1988
SF of Space Occupied 4,634 SF
Lease Expiration 6/0030
Options Tenant is in process of renewing for another 3 year term.

Additional Details

Nearest MSA: Greenville
County: Pitt
Tax ID/APN: 27400
Zoning: OR (OFFICE RESIDENTIAL)
Year Built: 1975
Roof Type: Flat
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,967 77,713 101,538
Median Age: 27.08 30.3 31.37
Households: 6,516 33,014 42,061

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