NNN eyecarecenter Elizabeth City NC

Office for Sale
Catylist Listing ID: 30671857
Property Subtypes: Medical, Net Leased
Building Status: Proposed
Building Size (RSF): 4,125 SF
Gross Land Area: 0.69 Acres
Sale Price: $1,114,000
Unit Price: $270.06 PSF
Ceiling: 12 ft.
Property Use Type: Net Leased Investment (NNN), Investment, Business
Building Name: eyecarecenter
Usable Size (USF): 4,125 SF
Sale Terms: Cash to Seller
Cap Rate: 7.4%
Average Occupancy Rate: 100
Last Updated: 7/29/2021

Overview / Comments

Single tenant NNN leased medical office in the commercial and shopping district in Elizabeth City NC. eyecarecenter is the tenant and has renewed a 5 year lease in August 2020 with a 5 year option with a 10% increase in 2025. eyecarecenter has been in practice in this location since 2000. National tenant and corporate tenant not a franchisee. eyecarecenter is one of the leading optometry practices in the country.

Additional Details

Nearest MSA: Elizabeth City
County: Pasquotank
Taxing Authority: Pasquotank County
Tax ID/APN: 891301053508
Property Visibility: Excellent
Highway Access: US 17
Airports: Elizabeth City Regional Airport.
Site Description: Located in a high traffic commercial area and surrounded by rooftops. This location is always busy servicing the optometric needs in Elizabeth City since 2000
Area Description: Elizabeth City is located in northeastern North Carolina close to Norfolk Virginia and the Outer banks of North Carolina, also home to Elizabeth City State University.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 4,125 SF
Year Built: 2000
Year Renovated: 2016
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: Brick and block siding lighted awnings. well landscaped property It has been very well maintained.
Parking Type: Surface
Air Conditioning: Engineered System
Interior Description: Very well appointed Optometry office.
Zoning Description: commercial
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee Simple

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,879 23,458 33,473
Median Age: 34.16 34.42 36.32
Households: 854 8,363 12,186


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