3000 George II Hwy
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3000 George II Hwy
6,000 SF 100% Leased Retail Building Southport, NC 28461 $1,250,000 ($208/SF)
Investment Highlights
- Multi Tenant Standalone Retail/Flex building
- Metal roof, Hardiplank siding on front facade, two 12 Ft height overhead doors in rear, with a total of 4 electric meters (1 house panel and 3 inside
- Value-add of 2065 SQ FT of Space Available for Lease or Owner User.
Executive Summary
6,000 sq ft Multi Tenant Standalone Retail/Flex building on 1.55 acres for Sale. Value-add of 2065 SQ FT of Space Available for Lease or Owner User. Metal roof, Hardiplank siding on front facade, two 12 Ft height overhead doors in rear, with a total of 4 electric meters (1 house panel and 3 inside unit meters). C1 Zoning allows for many Retail, Office and Flex uses. The property is positioned with frontage along well travelled George II Hwy. It has convenient access to Ocean HWY US 17 Semi Tractor Trailer driving radius around back of building. Currently divided into 2 spaces. Leased to one tenant under market value. Lease Expires 3/31/27 with NOI $27,557.52
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
6,000 SF
Building Class
C
Year Built
2008
Price
$1,250,000
Price Per SF
$208
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.10
Lot Size
1.43 AC
Zoning
C1 - Zoning allows for many Retail, Office and Flex uses
Parking
15 Spaces (2.32 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 156LH006 | Improvements Assessment | $593,630 |
| Land Assessment | $56,800 | Total Assessment | $650,430 |
PROPERTY TAXES
Parcel Number
156LH006
Land Assessment
$56,800
Improvements Assessment
$593,630
Total Assessment
$650,430
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3000 George II Hwy
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