3118 N Croatan Hwy - Medical CONDO FOR SALE
Kill Devil Hills, NC 27948 |
$1,100,000 USD
252-592-4629
3118 N Croatan Hwy
Kill Devil Hills, NC 27948
HIGHLIGHTS
- Recent renovations completed in 2021 enhance building quality and tenant experience.
- Includes 20 parking spaces and modern amenities such as fiber optic internet and ADA accessibility.
- Positioned in a high-traffic area with seasonal population surges, supporting long-term occupancy stability.
- Located at a signalized intersection along Croatan Highway, ensuring strong visibility.
OVERVIEW
Multi office Unit with one primary tenant on the first floor and six more on the second floor located in the Executive Center on the corner of Croatan Hwy and W. Helga St. corner of . Primary first floor tenant is on a 5 year lease with options to renew. 100% Occupied. Recent Appraisal on file. One or more of the owners are licensed North Carolina Real Estate Brokers.
FOR SALE DETAILS
PRICE
$1,100,000 USD
PRICE/SF
$229 USD /SF
CAP RATE
5.98%
# OF UNITS
1
CONDO SIZE
-
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Executive Center
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
TOTAL BUILDING SIZE
15,608 SF
STORIES
2
BUILDING CLASS
B
YEAR BUILT
1987
SPRINKLERS
-
PARKING SPACES
20
LAND DETAILS
LAND ACRES
1.63 AC
LAND SF
71,003 SF
ZONING
Commercial
APN/PARCEL ID
007693000
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252-592-4629
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252-592-4629
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