Stand Alone Former Bank Building For Lease or Sale

Office for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30783177
Property Subtypes: Executive Suites, Coworking, Governmental, Institutional, Office Building
Building Size (RSF): 3,855 SF
Gross Land Area: 1.13 Acres
Sale Price: $2,750,000
Unit Price: $713.36 PSF
Property Use Type: Vacant/Owner-User
Building Name: Former Bank Building - Monkey Junction - For Lease or Sale
Class of Space: Class A
Usable Size (USF): 3,855 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/19/2022

Overview / Comments

Former Bank Building available for sale on S. College Road at Monkey Junction. Located near the Lowe's Home Improvement/Walmart traffic-light intersection of South College with Chic-fil-A, McDonalds, and NHRMC. This 3,855 SF stand-alone building offers several perimeter offices, teller window with three drive-thru aisles, vault, break room, teller counter, 2 restrooms and it comes furnished. There is a pylon for signage along S. College Road and inter-connectivity to Junction Park Drive. Beyond ample parking with 48 spaces equating to an incredible 12.5:1,000sf ratio.

The property is well-suited for a service-oriented office or retail use wanting prime visibility, stop-light access and high traffic counts. It's move in ready for an insurance operator, financial service provider or institutional use. The zoning is CZD-O&I which allows for all permitted O&I uses and notes restrictions tied to property being a part of the Junction Creek Business Park Owners' Association.

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Taxing Authority: New Hanover County
Tax ID/APN: R07600-002-001-000
Zoning: CZD - O&I
Property Visibility: Excellent
Highway Access: Hwy 132 - S College Rd
Airports: ILM
Area Description: Located across the street from the Lowe's Home Improvement/Walmart stop-light entrance at the Chic-fil-A, McDonald's, NHRMC intersection.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 3,855 SF
Year Built: 2000
Roof Type: Gable
Construction/Siding: Brick, Stucco
Parking Ratio: 12.5 (per 1000 SF)
Parking Description: 48 surface parking spaces
Total Parking Spaces: 48
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Other
Air Conditioning: Package Unit
Zoning Description: CZD-O&I New Hanover County. No restrictions to New Hanover County permitted uses for O&I. CZD references the conditions placed by the Junction Creek Park Covenants and Restrictions
Lot Frontage: 300ft
Lot Depth: 180ft
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,561 47,620 80,315
Median Age: 38.31 39.91 39.98
Households: 4,689 20,296 34,485
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