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2000 New River Inlet Rd

11,500 SF Retail Unit Offered at £1,092,703 in N Topsail Beach, NC 28460

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Investment Highlights

Event Center /Restaurant…Can be used for any concept

Executive Summary

HUGE Deeded Oceanfront Commercial Space. Priced way below comps at $130 per square foot. Can be used for any purpose! Current Owner uses as Event Center/Restaurant. Could be used for any concept. Windows and Frames have been approved to be replaced by HOA at no cost to Owner.

Property Facts

Price	£1,092,703	Building Class	A
Unit Size	11,500 SF	Number of Floors	1
No. Units	1	Typical Floor Size	11,500 SF
Total Building Size	11,500 SF	Year Built	1986
Property Type	Retail (Unit)	Lot Size	8.70 AC
Property Subtype	Restaurant General Retail Bar General Retail Storefront Retail/Residential	Parking Ratio	8.7/1,000 SF
Sale Type	Investment or Owner User

Price	£1,092,703
Unit Size	11,500 SF
No. Units	1
Total Building Size	11,500 SF
Property Type	Retail (Unit)
Property Subtype	Restaurant General Retail Bar General Retail Storefront Retail/Residential
Sale Type	Investment or Owner User
Building Class	A
Number of Floors	1
Typical Floor Size	11,500 SF
Year Built	1986
Lot Size	8.70 AC
Parking Ratio	8.7/1,000 SF

1 Unit Available

Unit 2701

Unit Size	11,500 SF	Sale Type	Investment or Owner User
Price	£1,092,703	Net Initial Yield	12.87%
Price Per SF	£95.02	NOI	£140,602.35
Unit Use	Retail

Unit Size	11,500 SF
Price	£1,092,703
Price Per SF	£95.02
Unit Use	Retail
Sale Type	Investment or Owner User
Net Initial Yield	12.87%
NOI	£140,602.35

Description

HUGE Deeded Oceanfront Commercial Space.

Priced way below comps at $130 per square foot.

Can be used for any purpose!
Current Owner uses as Event Center/Restaurant. Could be used for any concept.
Windows and Frames have been approved to be replaced by HOA at no cost to Owner.