1625 Doctors Cir | Wilmington, NC 28401
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1625 Doctors Cir
Wilmington, NC 28401
Office Property For Sale
Investment Highlights
- Seller is proposing a 5-year leaseback on the property at $78,000 annually, triple-net.
- Close proximity to Novant New Hanover Regional Medical Center.
Executive Summary
± 4,840 SF freestanding medical office building on ± 1.0 acre in close proximity to Novant New Hanover Regional Medical Center. Zoned O&I by the City of Wilmington. The seller is proposing a 5-year leaseback on the property at $78,000 annually, triple-net. Currently occupied by Botros & Pollock, PA, a longstanding Otolaryngology practice. Constructed in 1986, this well maintained medical office building provides an efficient floorplan with wet exam rooms, private offices, lab area, large file room and receptionist office, spacious waiting room, and second floor storage space. Ample on-site parking in a serene, wooded setting.
The adjacent ± 1.03 acre lot is also available for purchase at an asking price of $450,000
The adjacent ± 1.03 acre lot is also available for purchase at an asking price of $450,000
PROPERTY FACTS Under Contract
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
5,420 SF
Building Class
B
Year Built
1986
Price
$1,250,000
Price Per SF
$231
Tenancy
Single
Building Height
1 Story
Typical Floor Size
5,420 SF
Building FAR
0.11
Lot Size
1.10 AC
Zoning
O&I - Office & Institution
Parking
25 Spaces (4.61 Spaces per 1,000 SF Leased)
Amenities
- Signage
PROPERTY TAXES
| Parcel Number | R06007-002-005-002 | Improvements Assessment | $580,000 |
| Land Assessment | $353,900 | Total Assessment | $933,900 |
PROPERTY TAXES
Parcel Number
R06007-002-005-002
Land Assessment
$353,900
Improvements Assessment
$580,000
Total Assessment
$933,900
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