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: |
3/23/2021 |
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 |
| Zoning: |
COMMERCIAL |
| 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 |
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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