REDUCED PRICE! Medical Office For Sale - ready for immediate move in

Office for Sale
Catylist Listing ID: 30784515
Property Subtypes: Business Park, Governmental, Institutional, Medical, Office Building, Research & Development
Condo? Yes
Building Size (RSF): 2,685 SF
Gross Building Area: 31,000 SF
Sale Price: $599,000
Property Use Type: Vacant/Owner-User
Class of Space: Class B
Usable Size (USF): 31,000 SF
Core Factor: 17.55%
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/24/2022

Overview / Comments

PRICE REDUCTION!

Approximately 2685 USF available in Leland's premier medical office building, priced well below replacement value. Note building has a 17.55% core factor, so rentable square feet is 3258.

Also available for lease - see lease listing for more details.

A recent revision to the condo docs allow for any general office use, not restricted to medical.

Currently upfit as medical office. Potential to divide into two separate units.

Immediately adjacent to 570+ acre planned community of Waterford of the Carolinas. Also adjacent to general office, medical services, grocery and retail.

Additional Details

Nearest MSA: Myrtle Beach-Conway-North Myrtle Beach
County: Brunswick
Taxing Authority: Brunswick County & the Town of Leland
Tax ID/APN: 047DB011 and 047DB013
Is Condo?: Yes
Zoning: C-2
Property Visibility: Excellent
Highway Access: Hwy 17
Airports: ILM-Wilmington International Airport-20 minutes
Total Number of Buildings: 1
Number of Stories: 3
Typical SF / Floor: 10,800 SF
Year Built: 2005
Roof Type: Flat
Parking Type: Surface
Sprinklers: Wet
Part of Planned Development?: Yes
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,123 12,325 40,792
Median Age: 44.03 40.22 38.38
Households: 1,817 5,132 17,556
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