6475 N Croatan Hwy 8,000 SF 100% Leased Office Building Kitty Hawk, NC 27949 $3,975,000 ($496.88/SF)

$210K+ Income | Outer Banks Mixed-Use Investment | 100% Occupied | Owner Financing
Stabilized mixed-use investment positioned at the foot of the Wright Memorial Bridge with exceptional highway visibility along one of the Outer Banks’ most trafficked commercial corridors. The property is currently 100% occupied and generating in-place gross income of $210,605.52 annually, with contractual lease escalations already in place. Based solely on existing leases, projected income increases to approximately $219,887 by mid-2026, with additional growth anticipated thereafter. NNN with escalations to $264+k next 5 years.
The offering includes a two-story Class A–quality office building constructed in 2005, comprising six professional office suites over 8,000 sq ft with elevator access, ADA compliance, reception areas, and shared common spaces. The property also includes a detached mixed-use structure providing additional storage and residential income.
Most existing leases are currently structured on a gross basis. Upon renewal, future ownership has the opportunity to transition leases toward a triple-net (NNN) structure, allowing operating expenses to be passed through to tenants and providing a clear path to increased net operating income without requiring rental rate increases.
The detached rear building features multiple storage and garage bays, with one currently leased and two vacant, offering immediate lease-up potential and additional revenue opportunity. The second floor includes two one-bedroom apartments, 700 square feet each with private decks overlooking the Currituck Sound, creating an additional income stream and flexibility for employee housing or traditional residential tenancy.
Owner financing is available and preferred. Seller will consider competitive fixed-rate financing with long-term amortization. Interest rate and structure are offer-dependent, with more favorable terms available for stronger offers. Seller financing is considered an integral component of the transaction structure.
Located along the primary gateway to the Outer Banks, the property benefits from exceptional visibility and consistent year-round traffic flow in a supply-constrained coastal market with limited Class A office inventory. This offering presents a rare opportunity to acquire a stabilized income-producing asset with multiple revenue streams, built-in NOI growth potential, and long-term upside through lease restructuring and continued market rent growth.