$1,650,000 USD
574-270-0361
101 Crowatan Rd
Castle Hayne, NC 28429
Skippers Corner
HIGHLIGHTS
- INSTITUTIONAL-QUALITY CORPORATE TENANCY: 100% leased to Caliber Collision, a national corporate tenant, occupying 10,960 SF on a ±2.49-acre parcel
- SIGNIFICANT MARK-TO-MARKET POTENTIAL: In-place rent of $9.56/SF is well below current market rates
- RECENT CAPITAL IMPROVEMENTS: Roof repairs completed with an active warranty in place; parking lot recently resurfaced
- LANDLORD-FRIENDLY LEASE STRUCTURE: NNN lease with landlord responsible solely for roof and structural components, HVAC
- ATTRACTIVE ACQUISITION BASIS: Opportunity to acquire a high-performing asset with below-market rents, offering strong yield today
- STRATEGIC COASTAL MARKET: Located within the Wilmington MSA, a high-growth coastal region in North Carolina known for its expanding economy
FOR SALE DETAILS
PRICE
$1,650,000 USD
PRICE/SF
$151 USD /SF
CAP RATE
6.35%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Repair
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1988
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
2.49 AC
LAND SF
108,464 SF
ZONING
I-1
APN/PARCEL ID
R01716-001-002-000
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574-270-0361
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574-270-0361
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