JUST REDUCED! Leased Office Building

Office for Sale
Catylist Listing ID: 30576872
Property Subtypes: Business Park
Building Size (RSF): 10,414 SF
Gross Building Area: 10,838 SF
Sale Price: $1,659,000
Unit Price: $159.30 PSF
Property Use Type: Investment
Class of Space: Class B
Usable Size (USF): 10,414 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/23/2020

Overview / Comments

Office building leased for 20 years to US Cellular Corporation
Located in South Charles Professional Park
Tenant is currently in renewal term ending April 30, 2023

Current Tenants

Tenant Business Name US Cellular Corporation
Is Renting? Yes
Annual Revenue $153,875 (Annual)
SF of Space Occupied 10,414 SF
Escalations 3% annually
Tenant Notes US Cellular has leased this building for 20 years

Additional Details

Nearest MSA: Greenville
County: Pitt
Tax ID/APN: 62978
Zoning: O (OFFICE)
Property Located Between: Off of Charles Boulevard
Area Description: Professional Office Park
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 2001
Roof Type: Gable
Construction/Siding: Brick
Parking Type: Surface
Total Parking Spaces: 30
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,505 69,345 106,309
Median Age: 30.53 30.76 31.59
Households: 5,932 29,049 43,559

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