Investment Property - Office Building

Office for Sale
Also listed as Business Opportunity
Catylist Listing ID: 30157542
Property Subtypes: Mixed Use, Net Leased, Office Building, Other
Building Size (RSF): 10,450 SF
Gross Land Area: 0.84 Acres
Sale Price: $675,000
Unit Price: $64.59 PSF
Ceiling: 9 ft.
Property Use Type: Investment
Building Name: Treetops
Class of Space: Class C
Usable Size (USF): 10,450 SF
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: 9.0%
Average Occupancy Rate: 75
Last Updated: 11/27/2017

Overview / Comments

A very nice office building located along bustling Firetower Rd. in Greenville. This income producing office building houses several long-term tenants with the ability to house a few more. The building itself is divided into 5 suites that are diverse in size and shape. Some are large, multi-office spaces that are leased by one tenant. Others are smaller suites that are leased by one tenant. One suite is large and houses multiple tenants in individual office spaces.

The property has ample parking and has easy access to Firetower Road.

Additional Details

Nearest MSA: Greenville
County: Pitt
Taxing Authority: Pitt County
Tax ID/APN: 38102
Zoning: OR
Property Located Between: Evans St. and Winding Branches Dr.
Property Visibility: Excellent
Highway Access: There are two turn-ins off of Firetower Rd. Both are right in, right out access points.
Airports: PGV - 5 miles
Site Description: The site is well manicured and has great visibility to Firetower Rd.
Area Description: This section of Greenville is full of residential and commercial use properties.
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1989
Roof Type: Gable
Construction/Siding: Wood Siding
Exterior Description: Modern architectural style with nice landscaping
Parking Ratio: 4.1 (per 1000 SF)
Parking Type: Surface
Parking Description: Asphalt parking lot
Total Parking Spaces: 41
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable
Interior Description: Walls are sheet rock and floors vary depending on the specific suite.
Zoning Description: OR - The OR district is primarily designed to accommodate a compatible mix of two (2) family attached and multifamily dwellings and business and professional uses in addition to providing a desirable buffer between commercial and high density residential uses.
Lot Frontage: 225
Lot Depth: 185
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Land is owned by seller.

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,429 56,436 103,751
Median Age: 36.44 33.55 31.14
Households: 2,872 24,710 43,339
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