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1876 Bureau Dr 11,774 SF 100% Leased Office Building Fayetteville, NC 28312 $1,875,000 ($159.25/SF)
INVESTMENT HIGHLIGHTS
- Zoned CC, allowing for multiple uses
- Two separate buildings internally connected, with multiple exterior access points
- Large open room in rear building, suitable for large meetings or events
- Major recent interior and exterior renovations throughout both buildings
- Secured gated area in the rear of the property
- Modern, updated bathrooms in both buildings
EXECUTIVE SUMMARY
Located on the east side of Fayetteville, NC, this 1.18 acre tract features
convenient access to I-95, along with multiple businesses. The property
is zoned CC under the City of Fayetteville’s Unified Development Ordinance,
which allows for a variety of uses.
Built in 1998, this property includes two recently renovated and modernized
buildings completed in 2019 that are internally connected, with multiple access
points. The interior of the first building features a large reception area,
followed by multiple private offices, a large open multi-purpose room,
restrooms, a kitchenette, and an equipment room. The second building
interior also features multiple private offices, a large open multi-purpose
space, bathrooms, and a large open room suitable for meetings.
The rear of the property is surrounded by a secured gate, which includes
a 199-foot transmission tower that is to remain on the property
and is subject to use by the current owner.
All measurements are based on interior dimensions, taken from wall to wall.
convenient access to I-95, along with multiple businesses. The property
is zoned CC under the City of Fayetteville’s Unified Development Ordinance,
which allows for a variety of uses.
Built in 1998, this property includes two recently renovated and modernized
buildings completed in 2019 that are internally connected, with multiple access
points. The interior of the first building features a large reception area,
followed by multiple private offices, a large open multi-purpose room,
restrooms, a kitchenette, and an equipment room. The second building
interior also features multiple private offices, a large open multi-purpose
space, bathrooms, and a large open room suitable for meetings.
The rear of the property is surrounded by a secured gate, which includes
a 199-foot transmission tower that is to remain on the property
and is subject to use by the current owner.
All measurements are based on interior dimensions, taken from wall to wall.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
11,774 SF
Building Class
B
Year Built/Renovated
1998/2019
Price
$1,875,000
Price Per SF
$159.25
Percent Leased
100%
Building Height
1 Story
Typical Floor Size
11,774 SF
Building FAR
0.23
Lot Size
1.18 AC
Zoning
CC - The Community Commercial (CC) District is established to accommodate a diverse range of medium- to high-intensity retail, service, and office uses.
Parking
56 Spaces (4.66 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Bio-Tech/ Lab Space
- Controlled Access
- Conferencing Facility
- Fenced Lot
- Security System
- Reception
- Storage Space
- Monument Signage
- Air Conditioning
- Smoke Detector
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PROPERTY TAXES
| Parcel Number | 0455-17-6410 | Improvements Assessment | $1,225,411 |
| Land Assessment | $200,078 | Total Assessment | $1,425,489 |
PROPERTY TAXES
Parcel Number
0455-17-6410
Land Assessment
$200,078
Improvements Assessment
$1,225,411
Total Assessment
$1,425,489
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1876 Bureau Dr
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