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Port Elizabeth Centre 2 Retail Properties Offered at $19,168,000 in Elizabeth City, NC
Investment Highlights
- 227,399 Sq Ft | Retail + Logistics Offering
- 74% of GLA: Tenants in Place for Past 10+ Years
- Large 34.96 Acre Parcel GB (General Business) Zoning Allows Wide Variety of Uses
- 99% Leased with 92% of GLA National and/or Credit Tenants | Planet Fitness, Ollie’ s Bargain Outlet, Dollar Tree, US Government, Harbor Freight
- More Than $1.4 Million Spent on Capital Improvements including Roofs, HVACs, Asphalt, Signage
- Essential Services Location for US Government (Coast Guard)
Property Facts
| Price | $19,168,000 | Number of Properties | 2 |
| Price / SF | $158.55 / SF | Individually For Sale | 0 |
| Cap Rate | 9.49% | Total Building Size | 120,899 SF |
| Sale Type | Investment | Total Land Area | 25.31 AC |
| Status | Active |
| Price | $19,168,000 |
| Price / SF | $158.55 / SF |
| Cap Rate | 9.49% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 120,899 SF |
| Total Land Area | 25.31 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1871-1873 W Ehringhaus St, Elizabeth City, NC 27909 | Retail | 70,524 SF | 1990 | - |
| 1831 W Ehringhaus St, Elizabeth City, NC 27909 | Retail | 50,375 SF | 1990 | - |
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