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 […]
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 […]
6 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 […]
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 […]
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 […]
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) […]
The Bigwater Farm is a truly unique and impossible to duplicate turnkey recreational property with vast water frontage on the Pamlico Sound and only 2 neighbors for miles and miles either direction. Just South of Lake Mattamuskeet in Hyde County, 359.87 acres calculated by GIS with a 20 acre planted impoundment, several marsh blinds that […]
One of the last undeveloped parcels on the bypass in Kill Devil Hills available for sale! Milepost 6, 1.095AC, double corner lot with Croatan Hwy/Aycock Street corner as well as Croatan Hwy/Walker Street corner. 200.01′ of frontage on Croatan Hwy. Central sewer is available via private sewer provider in KDH, allowing greater use of the […]
Well maintained 2,208 sq ft office building last used as a Dr.’s Office in Winfall at the foot of the new bridge being constructed leading to Hertford. Built in 1986, 2 offices, 3 “exam rooms”, 3 restrooms, large waiting area, reception area, lab, and kitchen. Central Trane HVAC units. City water and sewer. Two driveways, […]