Directors Court office buildings

Office for Sale
Sale Pending
Catylist Listing ID: 30767779
Property Subtypes: Office Building
Status: Pending
Building Size (RSF): 6,956 SF
Gross Building Area: 6,990 SF
Gross Land Area: 1 - 1.01 Acres
Sale Price: $815,000
Unit Price: $117.17 PSF
Ceiling: 9 ft.
Property Use Type: Investment
Building Name: 1025, 1035 Directors Court
Class of Space: Class B
Usable Size (USF): 6,990 SF
Sale Terms: Cash to Seller
Auction License Number: N/A
Cap Rate: 6.76%
Average Occupancy Rate: 100
Last Updated: 10/16/2021

Overview / Comments

The real property consists of 1.01 acres of land bordered by residential homes to the North and Conference Drive and Charles Boulevard (NC Hwy 43) to the South. The offering is comprised of two free standing brick veneer buildings. Both buildings were constructed in 2004 and together consist of 6,956 +/- square feet of conditioned space. Both buildings feature a covered entrance corridor for each office suite. Each office suite has a single private ADA compliant lavatory. All the office suites have front and rear egress. The property consist of approximately 16,000 SF of asphalt paving and has 40 designated parkingspaces.
1025 Directors Court has 4276 +/- square feet of rentable space, divided among 5 office suites. 1035 Directors Court has 2680+/- square feet of rentable space, divided among 3 office suites.
The buildings are brick veneer with quoins and shared covered arched entry ways. The roof is wood trusses with plywood decking and architectural asphalt shingles. The interior walls are wood framed and finished with painted gypsum board and the ceilings are acoustic tile.
Flooring throughout each suite is office grade carpet and the lavatories have VCT flooring. Each lavatory is ADA compliant. All suites have pull down staircase access to floored attic space. Each suite has a separate gas meter and utilities. Tenants are responsible for their own utilities including water, gas, electric, cable, internet, security system and janitorial service. The Landlord is responsible for property taxes, hazard insurance, landscaping, building maintenance, HVAC, and parking lot maintenance.

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Additional Details

Nearest MSA: Greenville
County: Pitt
Taxing Authority: City of Greenville, County of Pitt
Tax ID/APN: 62984
Zoning: OFFICE
Property Located Between: South Charles Blvd and Conference Drive
Property Visibility: Good
Airports: PGV
Area Description: Great office park located just off of Charles Blvd.. Area is surrounded by other professional offices
Total Number of Buildings: 2
Number of Stories: 1
Year Built: 2004
Roof Type: Hip
Construction/Siding: Brick
Exterior Description: The buildings are brick veneer with quoins and shared covered arched entry ways. The roof is wood trusses with plywood decking and architectural asphalt shingles. The interior walls are wood framed and finished with painted gypsum board and the ceilings are acoustic tile. Flooring throughout each suite is office grade carpet and the lavatories have VCT flooring. Each lavatory is ADA compliant. All suites have pull down staircase access to floored attic space. Each suite has a separate gas meter and utilities. Tenants are responsible for their own utilities including water, gas, electric, cable, internet, security system and janitorial service. The Landlord is responsible for property taxes, hazard insurance, landscaping, building maintenance, HVAC, and parking lot maintenance.
Parking Type: Surface
Parking Description: Surface level, asphalt parking lot located at the front entryway of each office building. See aerials for visual description
Total Parking Spaces: 40
Sprinklers: None
Heat Type: Electricity, Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable
Interior Description: The buildings are brick veneer with quoins and shared covered arched entry ways. The roof is wood trusses with plywood decking and architectural asphalt shingles. The interior walls are wood framed and finished with painted gypsum board and the ceilings are acoustic tile. Flooring throughout each suite is office grade carpet and the lavatories have VCT flooring. Each lavatory is ADA compliant. All suites have pull down staircase access to floored attic space. Each suite has a separate gas meter and utilities.
Zoning Description: Office zoning
Part of Planned Development?: Yes
Lot Frontage: 219'
Lot Depth: 266'
Water Service: Municipal
Sewer Type: Municipal
Easements: Other

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,423 69,856 106,309
Median Age: 33.89 31.1 31.59
Households: 6,757 29,099 43,559

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