Catylist ID: #30193977
2033 Corporate Drive (9.39% Cap)
Office for SaleAlso listed as Industrial
|Catylist Listing ID:||30193977|
|Property Subtypes:||Flex Space, Office Building, General|
|Building Size (RSF):||22,880 SF|
|Gross Land Area:||2.19 Acres|
|Unit Price:||$114.73 PSF|
|Property Use Type:||Investment, Vacant/Owner-User|
|Class of Space:||Class B|
|Usable Size (USF):||22,880 SF|
|Sale Terms:||Cash to Seller|
|Average Occupancy Rate:||75|
Overview / Comments
9.39% Cap - Updated September 2018.
Located in the Northchase Industrial Park, this two-story +/-22,880 SF flex-office building is 75% leased with two of the four suites being occupied. One of the two vacant suites (totaling +/-5,880 Sq. Ft.) is a cold, dark shell while the other was recently upfitted summer 2018.
The building has an elevator, dedicated fiber optic line, 3-phase power, ample parking & one dock high with double doors.
Just off of N. College & I-40, behind Laney High School, make this an attractive spot for office & industrial.
DIRECTIONS: From N College, travel past Laney High School, and turn right onto Northchase Parkway, then right on Corporate Drive. Building will be on your right.
Attachments & Media
|Finance Data Year||2019|
|Real Estate Taxes - Annual($)||$9,677 (Annual)|
|Gross Operating Income||$319,494 (Annual)|
|Net Operating Income||$246,478 (Annual)|
|Actual or Proforma Year||Proforma|
|Zoning:||NEW HANOVER COUNTY: PD|
|Site Description:||IN CITY LIMITS: No|
|Total Number of Buildings:||1|
|Number of Stories:||2|
|Typical SF / Floor:||11,440 SF|
|Heat Source:||Heat Pump|
|Interior Description:||Min Divisible USF: 22880|
|Part of Planned Development?:||Yes|
|Proximity:||1 mile||3 miles||5 miles|
|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.|