Incredibly restored in 2004-2005 this former Edenton Peanut Mill, now a 5 story office building 17,804 sq ft gem of a property w/7.5% cap rate. Fully leased to a gym on the bottom floor and an accounting firm leases floors 2-5. LL pays taxes and insurance of $26,200 tenants pay $161,947/yr in 2020 (NOI $135,947) […]

47044 sq ft 10 baths
47044 sq ft 10 baths

Income producing Tractor Supply location in Elizabeth City available for sale at a 9.0% cap rate. Tractor Supply has been here since I did their initial lease in 2010 and they renewed in January of 2021 through January 31 2023. Annual rental income is $84,696, NN lease. Building is 20,000 sq ft on 4 acres […]

20000 sq ft 2 baths
20000 sq ft 2 baths

Income producing 9,622 sq ft medical bldg in front of the Hospital in Edenton.​ Vidant has leased the bldg since 2009, current rent $142,817/yr with $24,362/yr expenses making the NOI $118,455.​ Current price gives this property an incredible 13% cap rate! Lease has CPI index rent increase ability annually that was just exercised for the […]

9622 sq ft 7 baths
9622 sq ft 7 baths

Fully leased 8424 sq ft shopping center for sale on Halstead Blvd, 0.839 acres. Current Tenants include Cycle Gallery (part owner/seller), Tae Kwon-Do Studio, and Tina’s Nails. Annual gross income $78,000/year, Net Operating Income of $66,615.65 making this sale a 9.5% cap rate. Central electric HVAC, 0.839 acre lot with parking in the front and […]

8424 sq ft
8424 sq ft

Kenyon Bailey Supply property available for sale or long term lease. 12,800 sq ft building plus 300 sf of greenhouses on 2.326 acres on McArthur Street in EC. Versatile building has a large 6,576 sf showroom, 1,200 sf of offices, 1,440 sf cafe with very nice 640 sf commercial kitchen, indoor and outdoor seating areas, […]

12800 sq ft 2 baths
12800 sq ft 2 baths

8280 sq ft medical bldg built in 2000 located on Hwy 17 just 2 miles N of Sentara Albemarle Hospital. Just N of City limits means no City taxes and no expensive City Electric rates. Building has N wing vacant currently so NOI is $16,317/yr but fully occupied NOI increases to $48,717/yr.

8280 sq ft 16 baths
8280 sq ft 16 baths

Fully leased 3,346 sq ft medical building behind Hospital in Edenton. Vidant pays $14.25/sq ft NNN. Lease began 5/1/2012 and expires 6/30/2024. Tenant renewed for 3 years instead of 1 year option in 2014, 2018, & 2021. NOI of $46,519.05 using 2018-2020 expenses (12.39% cap rate) or $43,164.46 using 2015-2020 expenses (11.5% cap rate). HVAC […]

3346 sq ft 7 baths
3346 sq ft 7 baths

Incredible property at stoplight corner of Ehringhaus & Selden Streets, 3425 sf bldg, 16 parking spaces, much more! Across from Bojangles & Sonic.

3425 sq ft
3425 sq ft

Income producing historic office property in Downtown Edenton for sale with an 11% cap rate. Tenant is a CPA firm whose current lease runs through October 31 2025 with a renewal option of 36 months. Tenant pays $28,800 per year in rent (adjusts with the CPI every August) plus utilities taxes, insurance, and repairs except […]

1080 sq ft 2 baths
1080 sq ft 2 baths

Condominiumized Shopping Center for sale on Caratoke Hwy in Grandy. 7 of the 9 units offered for sale. 3 units are currently vacant. 4 tenants bring in $32,200/year gross, $16,559.02 NOI. Ample road frontage, 18,000 daily traffic count, multiple curb cuts. Roof and many HVAC units are new, county water, 2 septic tanks. Monitoring wells […]

6750 sq ft
6750 sq ft