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Coastline Therapy Group LLC 1007 Olde Waterford Way 5,076 SF 100% Leased Office Building Leland, NC 28451 $2,000,000 ($394.01/SF)
Investment Highlights
- Prime location within growing Waterford Area
- Coastal-modern design
Executive Summary
Leland has been one of the fastest-growing municipalities in North Carolina, and the Waterford area sits at the center of that momentum, a master-planned environment of professional services, retail, and rooftops just minutes from downtown Wilmington. This offering gives an investor a turnkey, single-tenant office asset in that path of growth, with no near-term management burden and none of the leasing risk that typically comes with the product type.
*Prime location within the growing Waterford area
*5-year initial term with three 3-year options
*2.5% annual escalations
*Build-to-suit for the existing tenant
*Class A office finishes
*Meticulously maintained
*Coastal-modern design
#incomeproperty#classAoffice
*Prime location within the growing Waterford area
*5-year initial term with three 3-year options
*2.5% annual escalations
*Build-to-suit for the existing tenant
*Class A office finishes
*Meticulously maintained
*Coastal-modern design
#incomeproperty#classAoffice
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
5,076 SF
Building Class
A
Year Built
2024
Price
$2,000,000
Price Per SF
$394.01
Percent Leased
100%
Building Height
2 Stories
Typical Floor Size
2,538 SF
Building FAR
0.20
Lot Size
0.59 AC
Zoning
C2
1 1
Fairly walkable
40/100
Very drivable
80/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 037MA00103 | Improvements Assessment | $845,770 |
| Land Assessment | $161,910 | Total Assessment | $1,007,680 |
Property Taxes
Parcel Number
037MA00103
Land Assessment
$161,910
Improvements Assessment
$845,770
Total Assessment
$1,007,680
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