Log In/Sign Up
101 Virginia Ave
Wilmington, NC 28401
Cross River Therapy | 15 Yr NNN MOB | 7% Cap · Office Property For Sale
Investment Highlights
- Behavioral Health Clinic – Healthcare Real Estate tends to offer a secure income with a tenant type that is resilient against economic adversity.
- Ground-level medical offices allow patients who may be elderly, injured, or disabled to access the facility easily.
- Wilmington, NC – As one of the top 3 largest coastal cities in North Carolina
- This asset provides for a ‘hands off’ investment with a NNN lease, allowing for predictable income safeguarded from increased expenses.
- Growing Income – A future owner may benefit from the rare 3% rental increases included in this lease
- Tight Market – Wilmington holds an impressive 1.6% vacancy with the submarket of the subject property being at 0%.
Property Facts
Property Type
Office
Property Subtype
Building Size
10,000 SF
Building Class
B
Year Built
1984
Tenancy
Single
Building Height
1 Story
Typical Floor Size
10,000 SF
Building FAR
0.26
Lot Size
0.90 AC
Zoning
O&I - O&I-1-OFFICE & INSTITUTION (GENERAL)
Parking
46 Spaces (4.6 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | R06013-012-002-000 | Improvements Assessment | $1,833,800 |
| Land Assessment | $105,200 | Total Assessment | $1,939,000 |
Property Taxes
Parcel Number
R06013-012-002-000
Land Assessment
$105,200
Improvements Assessment
$1,833,800
Total Assessment
$1,939,000
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
