Fully Leased Office Building at 9.6 Cap Rate
Office
for Sale
| Catylist Listing ID: |
30536296 |
| Property Subtypes: |
Medical, Mixed Use, Office Building, General
|
| Building Size (RSF): |
11,124 SF
|
| Gross Building Area: |
11,682 SF |
| Gross Land Area: |
0.61 Acres
|
| Sale Price: |
$1,195,000 |
| Unit Price: |
$107.43 PSF |
| Property Use Type: |
Investment |
| Building Name: |
Portside Station |
| Class of Space: |
Class B |
| Usable Size (USF): |
10,596 SF |
| Core Factor: |
10.40% |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
9.57% |
| Average Occupancy Rate: |
100 |
| Last Updated: |
4/12/2021 |
Overview / Comments
|
The only professional office building in the Sneads Ferry and North Topsail Beach areas. The 11,682+/-SF building is currently configured for eight suites. Great location for military contractors, training facility or other professionals needing to be close to the Camp Lejeune Marine Base, the New River Air Station or MARSOC. Located at the intersection of Highways 210 and 172, it is just minutes from US Hwy 17,
|
Additional Details
| Nearest MSA: |
Jacksonville |
| County: |
Onslow |
| Taxing Authority: |
Onslow County |
| Tax ID/APN: |
427903045806 |
| Zoning: |
ONSLOW COUNTY: B-1 |
| Property Located Between: |
NC 172 & 210 Highways |
| Property Visibility: |
Excellent |
| Highway Access: |
Direct access to NC HWY 210 via Robert Snead Pkwy. |
| Airports: |
Wilmington (ILM) & Jacksonville (OAJ) |
| Site Description: |
Level site located near BB&T Bank and McDonalds |
| Area Description: |
Snead's Ferry is a fast growing coastal community, located approximately 4 miles southwest of the back gate on Hwy 172 of the Marine Base Camp Lejeune home to a population of approximately 130,000 people. Also located just two miles west from the site, is the only entrance to the Marine Corps Forces Special Operations Command (MARSOC) Complex which just announced the addition of an 800-member battalion moving from Camp Pendleton beginning on January 1, 2020. |
| Total Number of Buildings: |
1 |
| Number of Stories: |
2 |
| Typical SF / Floor: |
5,841 SF |
| Year Built: |
2004 |
| Roof Type: |
Hip |
| Construction/Siding: |
Brick, Wood Siding |
| Exterior Description: |
Ground level exterior is a Brick veneer with 2nd floor exterior of hardy plank. Area around the building is well maintained. |
| Parking Ratio: |
232 (per 1000 SF) |
| Parking Type: |
Surface |
| Parking Description: |
Surface around the building. Currently 48 spaces, some of them located in the POA Common Area. |
| Total Parking Spaces: |
48 |
| Passenger Elevators: |
1 |
| Sprinklers: |
None |
| Heat Type: |
Electricity |
| Heat Source: |
Heat Pump |
| Air Conditioning: |
Engineered System |
| Internet Access: |
Cable |
| Interior Description: |
Lower level contains a common area for the elevator, four suites. Second level also has a common area and another three office suites. Common area is a classy finish with rich wood wainscoting. |
| Zoning Description: |
B-1 |
| Part of Planned Development?: |
Yes |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Land Ownership: |
Fee simple |
| Legal Description: |
TR2 THE LNDNG AT SF
S/F 765 56, ISLAND DEV FERRY |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
5,646 |
9,719 |
| Median Age: |
38.02 |
38.38 |
| Households: |
2,256 |
4,098 |
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