Summit Center - Suite 200

Office for Sale
Sale Pending
Catylist Listing ID: 30346207
Property Subtypes: Medical, Office Building
Status: Pending
Building Size (RSF): 13,832 SF
Sale Price: $1,450,000
Unit Price: $104.83 PSF
Property Use Type: Investment, Vacant/Owner-User
Building Name: Summit Center
Class of Space: Class A
Usable Size (USF): 13,832 SF
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 11/12/2018

Overview / Comments

Opportunity to own a +/- 13,832 SF premier medical (or general) office condo in the heart of Wilmington’s medical community. The space available is located in the Summit Center, a Class—A three-story +/- 57,000 SF building built in 1999.

Property is currently income producing with a Tenant in place through October 2019 with one 6 month renewal option.

The available space, Suite 200, features 5 physician offices, 12 exam rooms, and 12 private restrooms. The space also has a large lab and testing area, sizable waiting room, clerical room, extra workspaces, ample storage and a sizable conference room. Suite 200 was originally designed for an OBGYN practice and would be perfect for a large group medical practice or converted for a general office user.

The property has abundant surface parking and Suite 200 has 5 reserved underground parking spaces. This highly visible building is located minutes from New Hanover Regional Medical Center and within a mile radius from nearby restaurants, banks, shops and upscale neighborhoods.

Attachments & Media

Current Tenants

Tenant Business Name See Agent

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Tax ID/APN: R06019-002-008-000
Zoning: RB

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,529 69,416 132,237
Median Age: 44 37.56 36.86
Households: 2,847 32,184 57,235
The information presented herein is provided as is, without warranty of any kind. Neither Cape Fear REALTORS® nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.