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Description

This site was improved with a two story prefabricated metal building originally designed and constructed in 2003 containing 20,750 square feet for a lumber/hardware store. In 2011 second floor was remodeled/updated so the total square feet was increased to 25,750. The builders supply occupies 20,750 square feet of office/showroom/warehouse space plus the outside coverings and lay-down yard. On the second floor GSA (probation office) has been a tenant sense 2011 and 2019 Morton Containers signed a year lease. The location is central to residential & commercial growth. Near by retailers include: Lowes Foods, Food Lion, CVS, McDonalds, Dunkin Donuts, Taco Bell, Miller Motte College, Autzone and Advance Auto Parts.The 2 main roads that provide access to the property have daily traffic counts of 18,000 & 28,000 cars per day. The lumber company who occupies 20,750 on the ground floor, are looking to move to a smaller office on the side of the building, which will free up about 4400 sqft that can be easily converted in to more lease-able space to help increase the cap rate. The current cap rate, with the current leases in place, is 8%. With the additional free space upstairs and with the lumber company moving to the side, which frees up space, you can increase the cap rate to over 10%. Call today for your VIP tour!

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© 2021 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data last updated 2021-09-16T23:56:53.667.
www.thefinestatthecrystalcoast.com/homes/95570628
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200 Williamsburg Parkway Jacksonville, NC 28546

  • Price: $3,100,000
  • Status: Active
  • Updated: 236 min ago
  • MLS #: 100169176
0
Beds
0
Baths
0
½ Baths
5
Acres
10,000
SQFT
$310
$/SQFT
2003
Built
Neighborhood:
Not In Subdivision
County:
Onslow
Area:
Jacksonville
Property Description
This site was improved with a two story prefabricated metal building originally designed and constructed in 2003 containing 20,750 square feet for a lumber/hardware store. In 2011 second floor was remodeled/updated so the total square feet was increased to 25,750. The builders supply occupies 20,750 square feet of office/showroom/warehouse space plus the outside coverings and lay-down yard. On the second floor GSA (probation office) has been a tenant sense 2011 and 2019 Morton Containers signed a year lease. The location is central to residential & commercial growth. Near by retailers include: Lowes Foods, Food Lion, CVS, McDonalds, Dunkin Donuts, Taco Bell, Miller Motte College, Autzone and Advance Auto Parts.The 2 main roads that provide access to the property have daily traffic counts of 18,000 & 28,000 cars per day. The lumber company who occupies 20,750 on the ground floor, are looking to move to a smaller office on the side of the building, which will free up about 4400 sqft that can be easily converted in to more lease-able space to help increase the cap rate. The current cap rate, with the current leases in place, is 8%. With the additional free space upstairs and with the lumber company moving to the side, which frees up space, you can increase the cap rate to over 10%. Call today for your VIP tour!
Exterior Features

Construction Metal Fab Foundation Slab Location Industrial Park Location Type Mainland Lot Description Corner Lot Lot Dimensions 365/592/109/119/175/740 Parking Driveway On SitePaved Road Type Frontage 2 - 3 LanesAlleyPavedPrivatePublic (City/Cty/St) Roof MetalSteel Joists/Truss

Interior Features

Cooling System Central Flooring Concrete Heating System Heat Pump Sq Ft Apx Total 25750.00 Sq Ft Office 10000.00 Sq Ft Warehouse 15750.00 Water Heater Electric

Property Features

Auction No City Limits Yes Cobra Zone No Commercial Features Ada CompliantDelivery DoorDrive In DoorElectric 3 PhaseElevator - FreightFire AlarmLoading DockLoading RampOverhead DoorsReception AreaSecurity FenceStorage InsideStorage Outside Commercial Sub Type Mixed UseRetailWarehouse Hoa YN No New Construction No Sale Lease Includes BuildingsLand Sale Or Lease Sale Secondary Subdivision N/A Stipulation Of Sale None Tax Year 2018 Water Sewer City WaterCommunity Sewer Zoning Cc



Listing information © 2021 NCRMLS
Listing provided courtesy of William B Sanders of William Sanders Realty.


© 2021 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data last updated 2021-09-16T23:56:53.667.
 
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Barefoot-Chandler & Associates
8301 Emerald Drive
Emerald Isle NC, 28594