for sale/lease $149,400/$10.00 psf nnn · &rogzhoo%dqnhu5hdo(vwdwh//&...

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FOR SALE/LEASE $149,400/$10.00 PSF NNN 106 Cinema Drive, Unit A, Wilmington, NC 28403 CINEMA DRIVE OFFICE PARK Property Description: Cinema Drive Office Park Building 106 Unit A consisting of approximately 1,494rsf. Constructed in 2000. Functional layout with 3 large offices, reception/ office area, large conference or bullpen/cubicle area; all along perimeter with windows. One bathroom and break area in the interior. Plenty of parking. Zoned RB-Regional Business in City of Wilmington. For Sale $100psf and/or Lease $10psf NNN. 2017 CAM fees $543.32 per quarter. 2016 taxes $1,907. Area: Convenient location off Market St with connectivity to Market and Kerr Avenues. Available SF: 1,494+/- Lease Rate: $10.00 PSF/Year NNN CAM Charges: $1.45 PSF/Year Sale Price: $149,400 Zoning: RB-Regional Business OFFICE © 2017 Coldwell Banker Real Estate LLC, dba Sun Coast Partners. All Rights Reserved. Coldwell Banker Real Estate LLC, dba Sun Coast Partners fully supports the principles of the Equal Opportunity Act. Each Office is Independently Owned and Operated. Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks owned by Coldwell Banker Real Estate LLC, Sun Coast Partners. All information contained herein has been obtained from sources deemed reliable. However, no warranty or guarantee is made as to the accuracy of the information. Coldwell Banker Commercial SunCoast 1430 Commonwealth Drive, Suite 102 Wilmington, NC 28403 www.cbcsuncoast.com T: 910-350-1200 F: 910-350-0925 For More Information Contact: Tyler Pegg 910-512-3550 [email protected] Cody Cress 910-409-8421 [email protected] www.thecressgroup.com PROPERTY INFORMATION

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Page 1: FOR SALE/LEASE $149,400/$10.00 PSF NNN · &rogzhoo%dqnhu5hdo(vwdwh//& ged6xq&rdvw3duwqhuv $oo5ljkwv5hvhuyhg &rogzhoo%dqnhu5hdo(vwdwh//& ged6xq&rdvw3duwqhuvixoo\vxssruwvwkhsulqflsohvriwkh(txdo2ssruwxqlw\$fw

© 2017 Coldwell Banker Real Estate LLC, dba Sun Coast Partners. All Rights Reserved. Coldwell Banker Real Estate LLC, dba Sun Coast Partners fully supports the principles of the Equal Opportunity Act. Each Office is Independently Owned and Operated. Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks owned by Coldwell Banker Real Estate LLC, Sun Coast Partners. All information contained herein has been obtained from sources deemed reliable. However, no warranty or

guarantee is made as to the accuracy of the information.

FOR SALE/LEASE $149,400/$10.00 PSF NNN

106 Cinema Drive, Unit A, Wilmington, NC 28403 CINEMA DRIVE OFFICE PARK

Property Description: Cinema Drive Office Park Building 106 Unit A consisting of approximately 1,494rsf. Constructed in 2000. Functional layout with 3 large offices, reception/office area, large conference or bullpen/cubicle area; all along perimeter with windows. One bathroom and break area in the interior. Plenty of parking. Zoned RB-Regional Business in City of Wilmington. For Sale $100psf and/or Lease $10psf NNN. 2017 CAM fees $543.32 per quarter. 2016 taxes $1,907. Area: Convenient location off Market St with connectivity to Market and Kerr Avenues.

Available SF: 1,494+/-

Lease Rate: $10.00 PSF/Year NNN

CAM Charges: $1.45 PSF/Year

Sale Price: $149,400

Zoning: RB-Regional Business

OFF

ICE

© 2017 Coldwell Banker Real Estate LLC, dba Sun Coast Partners. All Rights Reserved. Coldwell Banker Real Estate LLC, dba Sun Coast Partners fully supports the principles of the Equal Opportunity Act. Each Office is Independently Owned and Operated. Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks owned by Coldwell Banker Real Estate LLC, Sun Coast Partners. All information contained herein has been obtained from sources deemed reliable. However, no warranty or

guarantee is made as to the accuracy of the information.

Coldwell Banker Commercial SunCoast 1430 Commonwealth Drive, Suite 102

Wilmington, NC 28403 www.cbcsuncoast.com

T: 910-350-1200 F: 910-350-0925

For More Information Contact:

Tyler Pegg 910-512-3550 [email protected]

Cody Cress 910-409-8421 [email protected]

PROPERTY INFORMATION

Page 2: FOR SALE/LEASE $149,400/$10.00 PSF NNN · &rogzhoo%dqnhu5hdo(vwdwh//& ged6xq&rdvw3duwqhuv $oo5ljkwv5hvhuyhg &rogzhoo%dqnhu5hdo(vwdwh//& ged6xq&rdvw3duwqhuvixoo\vxssruwvwkhsulqflsohvriwkh(txdo2ssruwxqlw\$fw

© 2017 Coldwell Banker Real Estate LLC, dba Sun Coast Partners. All Rights Reserved. Coldwell Banker Real Estate LLC, dba Sun Coast Partners fully supports the principles of the Equal Opportunity Act. Each Office is Independently Owned and Operated. Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks owned by Coldwell Banker Real Estate LLC, Sun Coast Partners. All information contained herein has been obtained from sources deemed reliable. However, no warranty or

guarantee is made as to the accuracy of the information.

AERIAL MAP

Page 3: FOR SALE/LEASE $149,400/$10.00 PSF NNN · &rogzhoo%dqnhu5hdo(vwdwh//& ged6xq&rdvw3duwqhuv $oo5ljkwv5hvhuyhg &rogzhoo%dqnhu5hdo(vwdwh//& ged6xq&rdvw3duwqhuvixoo\vxssruwvwkhsulqflsohvriwkh(txdo2ssruwxqlw\$fw

© 2017 Coldwell Banker Real Estate LLC, dba Sun Coast Partners. All Rights Reserved. Coldwell Banker Real Estate LLC, dba Sun Coast Partners fully supports the principles of the Equal Opportunity Act. Each Office is Independently Owned and Operated. Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks owned by Coldwell Banker Real Estate LLC, Sun Coast Partners. All information contained herein has been obtained from sources deemed reliable. However, no warranty or

guarantee is made as to the accuracy of the information.

1-3-5 MILE RING MAP

Page 4: FOR SALE/LEASE $149,400/$10.00 PSF NNN · &rogzhoo%dqnhu5hdo(vwdwh//& ged6xq&rdvw3duwqhuv $oo5ljkwv5hvhuyhg &rogzhoo%dqnhu5hdo(vwdwh//& ged6xq&rdvw3duwqhuvixoo\vxssruwvwkhsulqflsohvriwkh(txdo2ssruwxqlw\$fw

© 2017 Coldwell Banker Real Estate LLC, dba Sun Coast Partners. All Rights Reserved. Coldwell Banker Real Estate LLC, dba Sun Coast Partners fully supports the principles of the Equal Opportunity Act. Each Office is Independently Owned and Operated. Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks owned by Coldwell Banker Real Estate LLC, Sun Coast Partners. All information contained herein has been obtained from sources deemed reliable. However, no warranty or

guarantee is made as to the accuracy of the information.

DEMOGRAPHICS

DEMOGRAPHICS-ONE MILE

Page 5: FOR SALE/LEASE $149,400/$10.00 PSF NNN · &rogzhoo%dqnhu5hdo(vwdwh//& ged6xq&rdvw3duwqhuv $oo5ljkwv5hvhuyhg &rogzhoo%dqnhu5hdo(vwdwh//& ged6xq&rdvw3duwqhuvixoo\vxssruwvwkhsulqflsohvriwkh(txdo2ssruwxqlw\$fw

© 2017 Coldwell Banker Real Estate LLC, dba Sun Coast Partners. All Rights Reserved. Coldwell Banker Real Estate LLC, dba Sun Coast Partners fully supports the principles of the Equal Opportunity Act. Each Office is Independently Owned and Operated. Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks owned by Coldwell Banker Real Estate LLC, Sun Coast Partners. All information contained herein has been obtained from sources deemed reliable. However, no warranty or

guarantee is made as to the accuracy of the information.

DEMOGRAPHICS

DEMOGRAPHICS-THREE MILES

Page 6: FOR SALE/LEASE $149,400/$10.00 PSF NNN · &rogzhoo%dqnhu5hdo(vwdwh//& ged6xq&rdvw3duwqhuv $oo5ljkwv5hvhuyhg &rogzhoo%dqnhu5hdo(vwdwh//& ged6xq&rdvw3duwqhuvixoo\vxssruwvwkhsulqflsohvriwkh(txdo2ssruwxqlw\$fw

© 2017 Coldwell Banker Real Estate LLC, dba Sun Coast Partners. All Rights Reserved. Coldwell Banker Real Estate LLC, dba Sun Coast Partners fully supports the principles of the Equal Opportunity Act. Each Office is Independently Owned and Operated. Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks owned by Coldwell Banker Real Estate LLC, Sun Coast Partners. All information contained herein has been obtained from sources deemed reliable. However, no warranty or

guarantee is made as to the accuracy of the information.

DEMOGRAPHICS

DEMOGRAPHICS-FIVE MILES

Page 7: FOR SALE/LEASE $149,400/$10.00 PSF NNN · &rogzhoo%dqnhu5hdo(vwdwh//& ged6xq&rdvw3duwqhuv $oo5ljkwv5hvhuyhg &rogzhoo%dqnhu5hdo(vwdwh//& ged6xq&rdvw3duwqhuvixoo\vxssruwvwkhsulqflsohvriwkh(txdo2ssruwxqlw\$fw

© 2017 Coldwell Banker Real Estate LLC, dba Sun Coast Partners. All Rights Reserved. Coldwell Banker Real Estate LLC, dba Sun Coast Partners fully supports the principles of the Equal Opportunity Act. Each Office is Independently Owned and Operated. Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks owned by Coldwell Banker Real Estate LLC, Sun Coast Partners. All information contained herein has been obtained from sources deemed reliable. However, no warranty or

guarantee is made as to the accuracy of the information.

DRIVE TIME MAP

Page 8: FOR SALE/LEASE $149,400/$10.00 PSF NNN · &rogzhoo%dqnhu5hdo(vwdwh//& ged6xq&rdvw3duwqhuv $oo5ljkwv5hvhuyhg &rogzhoo%dqnhu5hdo(vwdwh//& ged6xq&rdvw3duwqhuvixoo\vxssruwvwkhsulqflsohvriwkh(txdo2ssruwxqlw\$fw

© 2017 Coldwell Banker Real Estate LLC, dba Sun Coast Partners. All Rights Reserved. Coldwell Banker Real Estate LLC, dba Sun Coast Partners fully supports the principles of the Equal Opportunity Act. Each Office is Independently Owned and Operated. Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks owned by Coldwell Banker Real Estate LLC, Sun Coast Partners. All information contained herein has been obtained from sources deemed reliable. However, no warranty or

guarantee is made as to the accuracy of the information.

5 MINUTE DRIVE TIME AREA

MARKET PROFILE

Page 9: FOR SALE/LEASE $149,400/$10.00 PSF NNN · &rogzhoo%dqnhu5hdo(vwdwh//& ged6xq&rdvw3duwqhuv $oo5ljkwv5hvhuyhg &rogzhoo%dqnhu5hdo(vwdwh//& ged6xq&rdvw3duwqhuvixoo\vxssruwvwkhsulqflsohvriwkh(txdo2ssruwxqlw\$fw

© 2017 Coldwell Banker Real Estate LLC, dba Sun Coast Partners. All Rights Reserved. Coldwell Banker Real Estate LLC, dba Sun Coast Partners fully supports the principles of the Equal Opportunity Act. Each Office is Independently Owned and Operated. Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks owned by Coldwell Banker Real Estate LLC, Sun Coast Partners. All information contained herein has been obtained from sources deemed reliable. However, no warranty or

guarantee is made as to the accuracy of the information.

MARKET PROFILE

10 MINUTE DRIVE TIME AREA

Page 10: FOR SALE/LEASE $149,400/$10.00 PSF NNN · &rogzhoo%dqnhu5hdo(vwdwh//& ged6xq&rdvw3duwqhuv $oo5ljkwv5hvhuyhg &rogzhoo%dqnhu5hdo(vwdwh//& ged6xq&rdvw3duwqhuvixoo\vxssruwvwkhsulqflsohvriwkh(txdo2ssruwxqlw\$fw

© 2017 Coldwell Banker Real Estate LLC, dba Sun Coast Partners. All Rights Reserved. Coldwell Banker Real Estate LLC, dba Sun Coast Partners fully supports the principles of the Equal Opportunity Act. Each Office is Independently Owned and Operated. Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks owned by Coldwell Banker Real Estate LLC, Sun Coast Partners. All information contained herein has been obtained from sources deemed reliable. However, no warranty or

guarantee is made as to the accuracy of the information.

MARKET PROFILE

15 MINUTE DRIVE TIME AREA

Page 11: FOR SALE/LEASE $149,400/$10.00 PSF NNN · &rogzhoo%dqnhu5hdo(vwdwh//& ged6xq&rdvw3duwqhuv $oo5ljkwv5hvhuyhg &rogzhoo%dqnhu5hdo(vwdwh//& ged6xq&rdvw3duwqhuvixoo\vxssruwvwkhsulqflsohvriwkh(txdo2ssruwxqlw\$fw

© 2017 Coldwell Banker Real Estate LLC, dba Sun Coast Partners. All Rights Reserved. Coldwell Banker Real Estate LLC, dba Sun Coast Partners fully supports the principles of the Equal Opportunity Act. Each Office is Independently Owned and Operated. Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks owned by Coldwell Banker Real Estate LLC, Sun Coast Partners. All information contained herein has been obtained from sources deemed reliable. However, no warranty or

guarantee is made as to the accuracy of the information.

WILMINGTON MSA, NC

Catawba

Yadkin

Cape Fear

Roanoke

New Bern

Mount Mitchell

North Carolina

RALEIGH

WILMINGTON

Asheville

Winston-Salem

JacksonvilleFayettevilleCharlotte

Greensboro DurhamChapel Hill

Greenville

Elizabeth City

Henderson

Hickory

Kannapolis

Rocky Mount

Goldsboro

Atlantic Ocean

VirginiaKentucky

Tennessee

Georgia South Carolina

POPULATION OF MSA 268,000

HOUSEHOLDS IN MSA 111,546

UNEMPLOYMENT RATE OF MSA 5.30%

HOUSEHOLD MEDIAN INCOME $52,655

OFFICE RETAIL MF INDUSTRIAL

VACANCY

ABSORPTION

RENTAL RATES