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1625 Doctors Cir
Wilmington, NC 28401

Office Property For Sale

Investment Highlights

  • Seller is proposing a 5-year leaseback on the property at $78,000 annually, triple-net.
  • Close proximity to Novant New Hanover Regional Medical Center.

Executive Summary

± 4,840 SF freestanding medical office building on ± 1.0 acre in close proximity to Novant New Hanover Regional Medical Center. Zoned O&I by the City of Wilmington. The seller is proposing a 5-year leaseback on the property at $78,000 annually, triple-net. Currently occupied by Botros & Pollock, PA, a longstanding Otolaryngology practice. Constructed in 1986, this well maintained medical office building provides an efficient floorplan with wet exam rooms, private offices, lab area, large file room and receptionist office, spacious waiting room, and second floor storage space. Ample on-site parking in a serene, wooded setting.
The adjacent ± 1.03 acre lot is also available for purchase at an asking price of $450,000

PROPERTY FACTS Under Contract

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
5,420 SF
Building Class
B
Year Built
1986
Price
£979,125
Price Per SF
£181
Tenancy
Single
Number of Floors
1
Typical Floor Size
5,420 SF
Building FAR
0.11
Lot Size
1.10 AC
Zoning
O&I - Office & Institution
Parking
25 Spaces (4.61 Spaces per 1,000 SF Leased)

Amenities

  • Signage

PROPERTY TAXES

Parcel Number R06007-002-005-002 Improvements Assessment £454,314
Land Assessment £277,210 Total Assessment £731,524

PROPERTY TAXES

Parcel Number
R06007-002-005-002
Land Assessment
£277,210
Improvements Assessment
£454,314
Total Assessment
£731,524
 

  • Listing ID: 32060179

  • Date on Market: 07/06/2024

  • Last Updated:

  • Address: 1625 Doctors Cir, Wilmington, NC 28401

The Office Property at 1625 Doctors Cir, Wilmington, NC 28401 is currently available for sale. Contact Cape Fear Commercial for more information.

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