1099 Medical Center Drive (4 Units For Sale)

Office for Sale
Catylist Listing ID: 30170363
Property Subtypes: Medical, Office Building
Building Size (RSF): 23,365 SF
Gross Building Area: 27,679 SF
Sale Price: $4,100,000
Unit Price: $175.48 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Class of Space: Class A
Usable Size (USF): 23,365 SF
Sale Terms: Cash to Seller, Other
Cap Rate: 7.0%
Last Updated: 11/18/2017

Overview / Comments

1099 Medical Center is a +/-27,679 SF medical office building located in Wilmington, North Carolina’s hospital submarket in the heart of the medical community. The building consists of five condominium units, one of which is owned by a third party and is not included in the sale.

– The sales includes four (4) condominium units
totaling +/-23,365 SF (the “Subject”) –

Included in Sale:
Unit 100 - R06010-010-001-001
Unit 102 - R06010-010-001-003
Unit 200 - R06010-010-001-004
Unit 300 - R06010-010-001-005

Not Included in Sale:
Common Area - R06010-010-001-000
Unit 101 - R06010-010-001-002

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Tax ID/APN: R06010-010-001-001
Zoning: O & I
Year Built: 2009

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,407 55,331 130,698
Median Age: 42.07 37.76 36.43
Households: 3,466 25,886 56,265
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