Fully Leased Income Producing Office Building For Sale
Office
for Sale
Sale Pending
| Catylist Listing ID: |
30648470 |
| Property Subtypes: |
Medical, Net Leased, Office Building
|
| Status: |
Pending |
| Building Size (RSF): |
31,986 SF
|
| Gross Land Area: |
3.20 Acres
|
| Sale Price: |
$990,000 |
| Unit Price: |
$30.95 PSF |
| Property Use Type: |
Net Leased Investment (NNN) |
| Class of Space: |
Class B |
| Usable Size (USF): |
31,986 SF |
| Sale Terms: |
Cash to Seller |
| Auction License Number: |
n/a |
| Cap Rate: |
9.5% |
| Average Occupancy Rate: |
100 |
| Last Updated: |
2/18/2021 |
Overview / Comments
|
Income producing NNN leased property for sale in the heart of the Wilson medical and retail district. This 31,986 SF building sits on the corner lot of a 3.2 acre parcel and is currently leased to a health services provider. The one-story brick constructed building is in good condition and boasts excellent visibility off a major thoroughfare at the intersection of Medical Park Dr. and Parkwood Blvd. The 5-year lease was just executed this year, tenant is responsible for everything but the roof, structure, parking and HVAC system (service contract in place).
|
Additional Details
| Nearest MSA: |
Wilson |
| County: |
Wilson |
| Taxing Authority: |
Wilson County |
| Tax ID/APN: |
Parcel ID: 3712404270000 Alt APN: 1108900 |
| Zoning: |
GENERAL COMMERCIAL - CG |
| Property Located Between: |
Parkwood Blvd & Medical Park Dr |
| Property Visibility: |
Excellent |
| Highway Access: |
Alt 264 |
| Airports: |
PGV |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Typical SF / Floor: |
31,986 SF |
| Year Built: |
1988 |
| Roof Type: |
Flat |
| Construction/Siding: |
Brick |
| Parking Type: |
Surface |
| Parking Description: |
130 spot paved parking lot with ingress and egress off Medical Park Dr and Parkwood Blvd. |
| Total Parking Spaces: |
130 |
| Sprinklers: |
None |
| Heat Type: |
Electricity |
| Heat Source: |
Central |
| Air Conditioning: |
Engineered System |
| Internet Access: |
Cable |
| Interior Description: |
The interior of the building has been divided into office space and has been maintained to professional standards to accommodate their clients needs for a professional and clean environment. |
| Zoning Description: |
General Commercial |
| Lot Frontage: |
673' |
| Lot Depth: |
335' |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Legal Description: |
1760 PARKWOOD BLVD W L2 3.20AC |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
10,394 |
41,315 |
53,285 |
| Median Age: |
40.27 |
37.69 |
37.8 |
| Households: |
4,319 |
16,523 |
21,313 |
|
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