Centrally Located Office Building For Sale

Office for Sale
Sale Pending
Catylist Listing ID: 30407154
Property Subtypes: Business Park, Office Building
Status: Pending
Building Size (RSF): 6,272 SF
Sale Price: $579,900
Unit Price: $92.46 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Class of Space: Class B
Usable Size (USF): 6,272 SF
Sale Terms: Cash to Seller
Last Updated: 5/13/2019

Overview / Comments

This centrally located office building is perfect for an owner-occupant, or could be leased to current and future tenants as an income property. The group floor is currently singe-tenanted, while the second floor has (6) executive offices. Current lease structures are full service, net of janitorial and internet/phone. The property is currently 76% occupied. Many of the leases are intentionally month-to-month, and could be renegotiated by the Buyer as desired. Contact the Listing Agent for further details.

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Taxing Authority: Wilmington
Tax ID/APN: R05009-006-009-001
Zoning: RB
Property Located Between: Racine Drive & Garris Road
Property Visibility: Good
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 3,136 SF
Year Built: 1991
Roof Type: Flat
Construction/Siding: Vinyl Siding, Wood Frame
Parking Type: Surface
Sprinklers: Dry
Heat Type: Electricity
Heat Source: Heat Pump
Air Conditioning: Package Unit
Internet Access: Cable
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,864 72,432 137,521
Median Age: 31.54 33.73 36.76
Households: 5,511 30,868 58,798

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