Catylist ID: #30269920
Hinton Ave Office & Self-Storage
Office for SaleAlso listed as Industrial, Special Purpose
|Catylist Listing ID:||30269920|
|Property Subtypes:||Mixed Use, Flex Space, Office Building, Other|
|Building Size (RSF):||14,118 SF|
|Gross Land Area:||0.80 Acres|
|Unit Price:||$95.62 PSF|
|Property Use Type:||Investment, Vacant/Owner-User, Business|
|Class of Space:||Class B|
|Usable Size (USF):||14,118 SF|
|Sale Terms:||Cash to Seller|
Overview / Comments
Office and Self-Storage property located off Oleander Drive in central Wilmington would make an excellent investment property or potential for additional income for an owner-occupant.
The Subject Property is a unique offering that consists of 3,668 square feet of office space, 1,100 square feet of warehouse space, +/-.8 acres of land and 49 income producing self storage units.
Additionally, the property features a paved parking lot with 23 marked
spaces, security lighting and an in-ground irrigation system.
Located on Hinton Avenue, the property is easily accessible from Oleander Drive, a major thoroughfare from Downtown Wilmington to Wrightsville Beach.
Self-Storage is 49 units with some flexibility to vary unit sizes. Proforma NOI on storage is $64,883 Current layout is as follows:
1 - 10x10
17 - 10x15
26 - 10x20
5 - 10x30
Please see attached flyer for further detail or inquire directly with agent.
Attachments & Media
|Finance Data Year||2018|
|Real Estate Taxes - Annual($)||$5,687 (Annual)|
|Potential Rental Income||$136,973 (Annual)|
|Net Operating Income||$107,901 (Annual)|
|Actual or Proforma Year||Proforma|
|Proximity:||1 mile||3 miles||5 miles|
Lindsey HessCape Fear Commercial, LLC NCCMLS Member
Mike Brown, IIICape Fear Commercial, LLC NCCMLS Member
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