Bradley Creek Station/2nd Floor 2,300 RSF

Office for Sale
Catylist Listing ID: 30546123
Property Subtypes: Governmental, High-Tech, Institutional, Medical, Mixed Use, Net Leased, Office Building, Research & Development, Other
Building Status: Under Construction
Condo? Yes
Building Size (RSF): 2,300 SF
Gross Building Area: 80,112 SF
Gross Land Area: 5.85 Acres
Sale Price: $215 - 220 PSF
Total Price: $494,500 - 506,000
Ceiling: 14 ft.
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business
Building Name: Bradley Creek Station
Class of Space: Class A
Usable Size (USF): 2,000 SF
Core Factor: 1.15%
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/16/2020

Overview / Comments

Brokers, please see the variable commission schedule in Agent Notes:
COMING SOON!!!! BRADLEY CREEK STATION Retail and Office Condos. This new mixed-use project is located on the 5800 block of Oleander Drive in the Seagate area. The building is comprised of 80,112 sf +/-, spread over three floors with 26,701sf floor plates. The first floor is perfectly designed for retail, to take advantage of the high traffic counts Oleander Drive has to offer along with huge amounts of residential density surrounding the property. The 2nd and 3rd floors are designed for Class A office space, with common area restrooms, two 3,500 lbs. traction elevators and a multitude of windows for natural light. Suite sizes range in size from 2,000sf up to 26,701sf with exterior building signage made available depending on the size of the suite. The property will offer a parking ration in the high 4s per 1000sf which is shown on the attached site plan picture (subject to change depending on final approval). Cams are estimated to be $2.50/rsf not including Taxes. For a business owner, this is a perfect way to build wealth by owning your office/retail suite.

The suite sizes on the 2nd floor can range in size from 2,000usf up to 9,708usf depending on the tenant/buyer's needs.

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Taxing Authority: City of Wilmington
Tax ID/APN: 3146-99-0352.000
Is Condo?: Yes
Zoning: CB
Property Visibility: Excellent
Highway Access: Hwy 74/76 Oleander Dr
Total Number of Buildings: 1
Number of Stories: 3
Typical SF / Floor: 26,701 SF
Roof Type: Flat
Construction/Siding: Steel Frame
Parking Type: Surface
Parking Description: high 4s/1000sf
Passenger Elevators: 2
Sprinklers: Wet
Heat Type: Electricity, Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable
Interior Description: Common areas to be finished out.
Zoning Description: cb
Lot Frontage: 505'
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,485 60,360 129,971
Median Age: 34.28 35.62 37.27
Households: 2,641 25,438 55,421
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