Offices at Mayfaire I
Office
for Sale
| Catylist Listing ID: |
30585247 |
| Property Subtypes: |
Business Park, Mixed Use, Net Leased, Office Building
|
| Condo? |
Yes |
| Building Size (RSF): |
4,179 SF
|
| Gross Building Area: |
36,000 SF |
| Sale Price: |
$1,200,000 |
| Ceiling: |
10 ft. |
| Property Use Type: |
Net Leased Investment (NNN), Investment |
| Building Name: |
Offices at Mayfaire I |
| Class of Space: |
Class A |
| Usable Size (USF): |
3,610 SF |
| Core Factor: |
15.76% |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
8.0% |
| Average Occupancy Rate: |
100 |
| Last Updated: |
7/6/2020 |
Overview / Comments
Do not disturb the tenant. Great location in the office portion of Mayfaire and a strong tenant for an income-producing property. Currently, the suite has 12 offices, 1 conference room, kitchenette, reception area, and large storage area. Restrooms are in the common areas of the building. This space provides for 1 sign on the parapet of the building and on the first floor of the building.
|
Current Tenants
| Tenant Business Name |
Farm Bureau Insurance |
Additional Details
| Nearest MSA: |
Wilmington |
| County: |
New Hanover |
| Taxing Authority: |
City of Wilmington |
| Tax ID/APN: |
R05000-003-193-003 |
| Is Condo?: |
Yes |
| Zoning: |
UMX |
| Property Visibility: |
Excellent |
| Total Number of Buildings: |
1 |
| Number of Stories: |
3 |
| Typical SF / Floor: |
12,330 SF |
| Year Built: |
2012 |
| Roof Type: |
Flat |
| Construction/Siding: |
Steel Frame |
| Exterior Description: |
Brick |
| Parking Type: |
Surface |
| Parking Description: |
4/1000 usf |
| Passenger Elevators: |
1 |
| Sprinklers: |
Wet |
| Heat Type: |
Electricity |
| Heat Source: |
Central |
| Air Conditioning: |
Package Unit |
| Zoning Description: |
umx |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
7,902 |
55,949 |
120,770 |
| Median Age: |
44.62 |
35.74 |
37.45 |
| Households: |
3,684 |
23,358 |
51,414 |
|
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Neither Cape Fear REALTORS® nor
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