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509 Olde Waterford Way - Waterford Medical Center 1,292 SF Office Condo Unit Offered at $460,000 in Leland, NC 28451
Investment Highlights
- Class A Asset: Located within a highly regarded, beautifully designed 3-story medical and professional office building.
- Prime Commercial Corridor: Situated at a high-visibility, signalized intersection on Ocean Hwy E (Hwy 17) with exceptional traffic flow.
- Strategic Core Plus Opportunity: Lower-to-moderate risk investment capitalizing on stellar regional economic dynamics and management efficiencies.
Executive Summary
Class A Asset: Located within a highly regarded, beautifully designed 3-story medical and professional office building. Strategic Core Plus Opportunity: Lower-to-moderate risk investment capitalizing on stellar regional economic dynamics and management efficiencies. Prime Commercial Corridor: Situated at a high-visibility, signalized intersection on Ocean Hwy E (Hwy 17) with exceptional traffic flow. Regional Accessibility: Immediate proximity to Highway 74 and I-140, offering effortless connection to Wilmington and surrounding markets. Built-in Synergy: Positioned among an established network of medical practices, professional offices, and shopping centers.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User |
| Sale Type | Investment or Owner User |
Description
Presenting an exceptional opportunity to acquire Unit 204 within the prestigious Waterford Medical Center, located at 509 Olde Waterford Way.
This premier commercial asset is situated inside a beautifully maintained, 38,016 SF, three-story Class A building originally constructed in 2005. Offering a sophisticated professional environment, this property is perfectly suited for an owner-user looking to establish a high-profile medical or professional presence, or an investor seeking a high-quality asset in a booming submarket.
Classified as a Core Plus investment, the property provides a strong foundation of stability coupled with excellent upside potential, driven by Leland’s explosive economic growth and strong local demographics.
This premier commercial asset is situated inside a beautifully maintained, 38,016 SF, three-story Class A building originally constructed in 2005. Offering a sophisticated professional environment, this property is perfectly suited for an owner-user looking to establish a high-profile medical or professional presence, or an investor seeking a high-quality asset in a booming submarket.
Classified as a Core Plus investment, the property provides a strong foundation of stability coupled with excellent upside potential, driven by Leland’s explosive economic growth and strong local demographics.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 204 | 1,292 SF | Office | $460,000 ($356.04/SF) | - |
Unit 204
| Unit Size |
| 1,292 SF |
| Condo Use |
| Office |
| Price |
| $460,000 ($356.04/SF) |
| NOI |
| - |
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Unit 204
| Unit Size | 1,292 SF |
| Condo Use | Office |
| Price | $460,000 ($356.04/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| Description | |
| Presenting an exceptional opportunity to acquire Unit 204 within the prestigious Waterford Medical Center, located at 509 Olde Waterford Way.<br> <br> This premier commercial asset is situated inside a beautifully maintained, 38,016 SF, three-story Class A building originally constructed in 2005. Offering a sophisticated professional environment, this property is perfectly suited for an owner-user looking to establish a high-profile medical or professional presence, or an investor seeking a high-quality asset in a booming submarket.<br> <br> Classified as a Core Plus investment, the property provides a strong foundation of stability coupled with excellent upside potential, driven by Leland’s explosive economic growth and strong local demographics.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 38,016 SF | Typical Floor Size | 12,000 SF |
| Property Type | Office (Condo) | Year Built | 2005 |
| Property Subtype | Medical | Lot Size | 1.87 AC |
| Building Class | B | Parking Ratio | 1.39/1,000 SF |
| Floors | 3 | ||
| Zoning | C-2 - Commercial | ||
| Total Building Size | 38,016 SF |
| Property Type | Office (Condo) |
| Property Subtype | Medical |
| Building Class | B |
| Floors | 3 |
| Typical Floor Size | 12,000 SF |
| Year Built | 2005 |
| Lot Size | 1.87 AC |
| Parking Ratio | 1.39/1,000 SF |
| Zoning | C-2 - Commercial |
Amenities
- Signage
Moderately walkable
60/100
Very drivable
80/100
Somewhat bikeable
30/100
Major Tenant Information Click Here to Access
| TENANT | SF Occupied | LEASE END DATE |
|---|---|---|
| Biosymmetry Wilmington NC |
-
|
Jan 0000
|
| PruittHealth at Home |
-
|
Jan 0000
|
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Matterport 3D Exterior
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Photos
Street View
Street
Map
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509 Olde Waterford Way - Waterford Medical Center
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