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8115 Market St - Porters Neck Professional Center Condos 3,507 SF Office/Medical Condo Unit Offered at $595,000 in Wilmington, NC 28411
Investment Highlights
- Excellent traffic pattern with a direct right-in, right-out access from Market Street.
Executive Summary
Porters Neck Professional Center is a premier three-story condominiumized office building totaling approximately 60,000 Square Feet. The property is located at 8115 Market Street in the dynamic Porters Neck submarket of Wilmington, North Carolina. The property has an excellent traffic pattern with a direct right-in, right-out access from Market Street and interconnectivity with the Bayshore Commons Shopping Center, which provides accessibility to a stoplight intersection. The property is zoned B-2 and located within the New Hanover County zoning district. Current occupants in the building include UCG/Medac, EmergeOrtho, Wilmington Ear Nose & Throat, Benjamin Friberg, DDS, Matsumoto, DDS, PMG Research, Provis Media and Samet Corporation. The building was originally constructed in 2006 with a modern and attractive design by architect, Michael Kersting. The building contains three stairwells and two elevators servicing all floors. Additionally, there are approximately 238 parking spaces available onsite. Unit 2C-X is available for lease and/or purchase.
Property Facts Under Contract
| Total Building Size | 60,000 SF | Typical Floor Size | 20,000 SF |
| Property Type | Office (Condo) | Year Built | 2005 |
| Property Subtype | Medical | Lot Size | 3.97 AC |
| Building Class | A | Parking Ratio | 3.97/1,000 SF |
| Floors | 3 | ||
| Zoning | B-2 - Business | ||
| Total Building Size | 60,000 SF |
| Property Type | Office (Condo) |
| Property Subtype | Medical |
| Building Class | A |
| Floors | 3 |
| Typical Floor Size | 20,000 SF |
| Year Built | 2005 |
| Lot Size | 3.97 AC |
| Parking Ratio | 3.97/1,000 SF |
| Zoning | B-2 - Business |
Amenities
- Signage
- Balcony
1 Unit Available
Unit 2C
| Unit Size | 3,507 SF | Sale Type | Investment or Owner User |
| Price | $595,000 | Sale Status | Under Contract |
| Price Per SF | $169.66 | APN/Parcel ID | R03600-003-124-TBD |
| Condo Use | Office/Medical |
| Unit Size | 3,507 SF |
| Price | $595,000 |
| Price Per SF | $169.66 |
| Condo Use | Office/Medical |
| Sale Type | Investment or Owner User |
| Sale Status | Under Contract |
| APN/Parcel ID | R03600-003-124-TBD |
Description
Unit 2C-X is in cold dark shell condition ready for customized upfit for a new tenant/owner. The ICAM is estimated at $3.00prsf reconciled annually. Taxes are paid separately and directly by the condo owner. This unit is available for sale and/or lease.
Major Tenant Information
| TENANT | SF Occupied | LEASE END DATE |
|---|---|---|
| Urgent Care |
3,000 SF
|
-
|
| Connect Healthware LLC |
1,650 SF
|
-
|
Contacts
-
Cody Cress, SIOR -
Tyler Pegg -
The Cress Group at Sun Coast Partners Commercial
Presented by
8115 Market St - Porters Neck Professional Center Condos
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