17th Street Medical Park

1911 South 17th Street, Suites 100 and 110 Wilmington, NC 28401

1911 South 17th Street, Suites 100 and 110, Wilmington, NC, 28401
1911 South 17th Street, Suites 100 and 110, Wilmington, NC, 28401 1911 South 17th Street, Suites 100 and 110, Wilmington, NC, 28401 1911 South 17th Street, Suites 100 and 110, Wilmington, NC, 28401 1911 South 17th Street, Suites 100 and 110, Wilmington, NC, 28401 1911 South 17th Street, Suites 100 and 110, Wilmington, NC, 28401
FOR SALE
Property Type:
Medical/Healthcare
Amount:
$1,978,703
Last Verified:
Aug 09, 2024

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Description

INVESTMENT HIGHLIGHTS:

Space: 7286± sf

Lease Rate: $22.00 psf

Price: $271.58 psf

2023 Gross Annual Rent: $160.292.00

2023 Operating Expense: $10,571.36

2024 Taxes: $11,211.46

NOI: $138,509.18

Cap Rate: 7.00%

Lease Type: 5-yr Fixed Rate Net Lease

Lease expiration: April 30, 2028

Options: 1, 5-year option

Located in midtown Wilmington, this property is in close proximity to Novant Health Hospital and many other medical offices.


Year Built: 2004
Building Size: 7286sq ft
Building Class: B
Lot Size: 5.39 acres


Documents

1911 S. 17th St_Wilmington_SCPC_01.pdf

Map of 1911 South 17th Street, Suites 100 and 110, Wilmington, NC, 28401

Presented by:
Coldwell Banker Commercial Sun Coast Partners

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Ed Trice


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