Midtown Office For Sale 9 CAP

Office for Sale
Catylist Listing ID: 30620686
Property Subtypes: Business Park, Executive Suites, Governmental, Mixed Use, Office Building, Other
Building Size (RSF): 3,000 SF
Gross Building Area: 8,400 SF
Sale Price: $350,000
Unit Price: $116.67 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Building Name: Emerald Square Office Park
Class of Space: Class B
Usable Size (USF): 2,920 SF
Sale Terms: Cash to Seller, Sale/Leaseback
Cap Rate: 9.0%
Last Updated: 10/25/2020

Overview / Comments

MidTown Wilmington location, within a 4 mile radius of UNCW, New Hanover Regional Medical Center, Historical Downtown Wilmington and dining and retail at the Pointe at Barclay.

3,000sf, on second floor, with 10 dedicated offices w/windows, 2 conference rooms, 2 additional interior offices and large open file room and/or coWork space. Ample parking on site.

Space can be reconfigured into separate smaller office units to accommodate multiple, individual tenants.

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Tax ID/APN: R05509-018-005-19, 21, 22, 23, 24, 25
Zoning: O&I
Property Visibility: Excellent
Airports: Wilmington International Airport 4.8 miles
Area Description: MidTown Wilmington location, within a 4 mile radius of UNCW, New Hanover Regional Medical Center, Historical Downtown Wilmington and dining and retail at the Pointe at Barclay. 15 minutes to Wrightsville Beach.
Year Built: 1990
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,897 85,066 133,451
Median Age: 29.86 34.96 36.47
Households: 5,161 36,876 57,838
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