Investment Sale, Leased Office 1994 S.17th St Wilmington NC
Office
for Sale
| Catylist Listing ID: |
30672051 |
| Property Subtypes: |
Governmental, Office Building
|
| Building Size (RSF): |
9,940 SF
|
| Gross Building Area: |
10,000 SF |
| Gross Land Area: |
1.35 Acres
|
| Sale Price: |
$2,015,000 |
| Unit Price: |
$202.72 PSF |
| Ceiling: |
12 ft. |
| Property Use Type: |
Investment |
| Building Name: |
NC Works Career Center |
| Class of Space: |
Class B |
| Usable Size (USF): |
9,940 SF |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Average Occupancy Rate: |
100 |
| Last Updated: |
2/18/2021 |
Overview / Comments
|
Investment Sale Leased Office Building in Medical district in Wilmington NC. The Cape fear Council of Governments has occupied this building since 2015 and has renewed their lease October 2020 for an additional 5 years with options to renew. The cape fear council of Governments is a Regional Council of Governments providing a variety of Federal, State and Local programs in the region covering Brunswick, Columbus, New Hanover and Pender counties. This asset is centrally located and two blocks from The New Hanover Medical Complex.
|
Additional Details
| Nearest MSA: |
Wilmington |
| County: |
New Hanover |
| Taxing Authority: |
New Hanover County |
| Tax ID/APN: |
R06007-004-001-002 |
| Zoning: |
O-I-1 |
| Property Located Between: |
Hyw 17 |
| Property Visibility: |
Good |
| Airports: |
Wilmington International |
| Site Description: |
Site is 1.35 Acres strategically located in the growing office and medical district in Wilmington NC |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Typical SF / Floor: |
10,000 SF |
| Year Built: |
2001 |
| Year Renovated: |
2015 |
| Construction/Siding: |
Block |
| Exterior Description: |
Solid Block and metal roof with store front glass. Low maintenance exterior. |
| Parking Type: |
Surface |
| Heat Source: |
Central |
| Air Conditioning: |
Engineered System |
| Interior Description: |
Well appointed office space with conference and training facilities. |
| Zoning Description: |
O-I-1 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Land Ownership: |
Fee Simple |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
11,253 |
66,188 |
137,740 |
| Median Age: |
41.57 |
36.12 |
36.45 |
| Households: |
5,214 |
30,908 |
59,191 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Cape Fear REALTORS® nor
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