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1429 E Fire Tower Rd
Greenville, NC 27858
Office Property For Sale
Investment Highlights
- 100% Leased Stabilized Income Stream
- Strong Visibility and Signage
- Limited Landlord Responsibilities
- Healthcare and Financial Services Tenancy
- Ample Parking & Functional Layout
Executive Summary
A stabilized, 100% leased commercial asset on one of Greenville’s most active retail and service corridors, offering strong traffic counts, excellent
visibility, and direct access to the area’s primary growth nodes.
The tenant roster — including Vitality Health and Edward Jones — blends healthcare and financial services, two sectors known for stability and
resilience, delivering immediate, reliable in-place cash flow.
The property sits in a densely populated, rapidly expanding trade area surrounded by national retailers, medical providers, and established
neighborhoods, with proximity to East Carolina University, ECU Health Medical Center, and major thoroughfares supporting long-term tenant
demand.
With strong fundamentals, a desirable tenant mix, and a prime location, 1429 E Fire Tower Rd is a turnkey, low-management investment for
buyers seeking durable passive income in a growing Eastern North Carolina market.
visibility, and direct access to the area’s primary growth nodes.
The tenant roster — including Vitality Health and Edward Jones — blends healthcare and financial services, two sectors known for stability and
resilience, delivering immediate, reliable in-place cash flow.
The property sits in a densely populated, rapidly expanding trade area surrounded by national retailers, medical providers, and established
neighborhoods, with proximity to East Carolina University, ECU Health Medical Center, and major thoroughfares supporting long-term tenant
demand.
With strong fundamentals, a desirable tenant mix, and a prime location, 1429 E Fire Tower Rd is a turnkey, low-management investment for
buyers seeking durable passive income in a growing Eastern North Carolina market.
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Building Size
5,098 SF
Building Class
B
Year Built/Renovated
2008/2020
Price
$1,225,000
Price Per SF
$240.29
Cap Rate
7.49%
NOI
$91,729
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,098 SF
Building FAR
0.41
Lot Size
0.28 AC
Zoning
OR - OR (Office-Residential), City of Greenville. Allows professional, business and medical offices plus low- to medium-density residential.
Parking
20 Spaces (3.95 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
Property Taxes
| Parcel Number | 076230 | Improvements Assessment | $822,652 |
| Land Assessment | $240,004 | Total Assessment | $1,062,656 |
Property Taxes
Parcel Number
076230
Land Assessment
$240,004
Improvements Assessment
$822,652
Total Assessment
$1,062,656
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