One of a kind commercial property with 18,788 heated and cooled square feet on 3.24AC. Nine overhead doors, 4@ 10’h by 8’w, 4@ 13′-14’h by 16′-17’6″w, & 1@ 10’h by 14’w with two loading docks. Main 13,550 sq ft bldg has 2000-2500 sq ft of office/showroom, +/-2000 sq ft of warehouse/manufacturing, and 8866 sq ft […]
Income Producing Medical Building 8% cap $1.375M $ 1,375,000.00
Income Producing Medical Building 8% cap $1.375M
$ 1,375,000.00Fully leased 5,675 sq ft medical building built in 1994 and renovated in 2019 leased for $22/sq ft ($124,850/yr) to Chesapeake Regional Medical Group through April 30, 2026. Services provided at this facility include surgical specialists, breast care, and cardiopulmonary care. LL expenses include $8478.36/yr in property tax, $5,715/yr in insurance, LL responsible for structural […]
Commercial and Residential Income Producing Portfolio $ 1,200,000.00
Commercial and Residential Income Producing Portfolio
$ 1,200,000.00Very unique income producing portfolio that includes 3 comm. bldgs with 10 comm tenants and 2 rental houses all in a row with 100% occupancy/no vacancy. Comm. tenants have been there 13.5 yrs on average. Projected YTD income $139,080, expenses $29,228.65 giving a Net Operating Income of $109,851.35 which is a 9.15% cap rate at […]
Unique turnkey recreational/fun or event center property with all the games and kitchen equipment included, or a modern 6,828 sq ft building(s) on 2.35AC with I-2 zoning with lots of games and equipment to sell to recoup your expense. 35 parking spaces in rear, full court outdoor fenced in concrete basketball court, 9 flat screen […]
11% cap Office 106 E King Street Edenton NC $ 261,818.00
11% cap Office 106 E King Street Edenton NC
$ 261,818.00Income 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 […]
13% cap Medical Office 201 Virginia Road Edenton NC $ 911,000.00
13% cap Medical Office 201 Virginia Road Edenton NC
$ 911,000.00Income 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 […]
Very nice newly built out 1,800 sq ft 30′ by 60′ office unit with small garage bay and 14′ overhead door. $60,000 spent on office buildout. 4 offices, reception area, large conference room with sink/bar, kitchenette, and small garage bay with overhead door. Automatic LED lights, front and rear doors, signage on facade and on […]
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 […]
1111 Halstead Blvd Tractor Supply Elizabeth City $ 941,066.00
1111 Halstead Blvd Tractor Supply Elizabeth City
$ 941,066.00Income 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 […]
Tanglewood Pkwy outparcels 1.28AC-20.09AC $ 800,000.00
Tanglewood Pkwy outparcels 1.28AC-20.09AC
$ 800,000.006 Commercial outparcels located behind Super Wal-Mart in the Tanglewood Shopping Center in Elizabeth City totaling 20.09AC. Listed for $137,900 below tax value. 14.79AC fronts directly on Hwy 17 bypass. Accessed through Wal-Mart by either going to the right or left of Wal-Mart. Can be sold in separate lots at $50,000 per acre. Lot 5: […]
7.94 AC Industrial zoned property in downtown Edenton at the corner of N Oakum and Walker Streets, not in a flood zone, priced at approximately $25,000 per acre. Current zoning allows many uses, see attached permitted use table for all uses but highlights include agricultural chemical sales, farm supplies, livestock, gym, church, day care, gov […]
Halstead Blvd Shopping Center fully leased $ 695,000.00
Halstead Blvd Shopping Center fully leased
$ 695,000.00Fully 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 […]
