northgate plaza W. Patetown Road Goldsboro, NC Retail center for sale

Transcription

1 northgate plaza W. Patetown Road Goldsboro, NC Retail center for sale

2 property summary Seven (7) tenant retail center available for sale building address Northgate Center W. Patetown Road Goldsboro, NC location Located at the intersection off US Highway 117 Bypass, W. Patetown Road, and N. Williams Street buliding sf +/- 7,475 SF site acreage +/ Acres zoning GB; General Business tax id Pin# construction Metal building with brick facade and glass storefront parking Parking space in front of building roof Metal electricity 200 AMP panel per bay signage Sign boxes on each space and pylon sign at street lighting New energy efficient T-8 lights throughout tenant spaces and common areas

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4 goldsboro aerial map BYP 70 BYP n. williams street site patetown road 0 little river square 120,532 sf 117 n. williams street wayne memorial drive anchored by 70 memorial commons 111,271 sf anchored by 117 royall avenue wayne memorial drive 70 s. williams street e. ashe street pinewood square 181,791 sf anchored by berkeley commons 141,416 anchored by

5 financial summary rent roll suite tenant sf psf monthly rent annual rent lease expiration 101 Subway 1,425 $11.93 $1, $17, /31/ VACANT Noodles and Rice 1,100 $12.00 $1, $13, /30/ ProEnvironmental Restoration 825 $12.36 $ $10, /31/ VACANT 1, VACANT 1, Curves for Women 1,100 $12.00 $1, $13, /31/2020 financial snapshot 2016 operating expenses Square Feet 7,745 SF Real Estate Taxes $6, Total Rent (Potential) $88, Total Expenses $19, Net Operating Income (NOI) $69, Asking Price $895, CAP Rate (Potential) 7.75% Current Rent $65, Property Insurance $1, CAM $3, Misc. Expenses $1, Duke Power $1, City Water $2, Total $19,000.00

6 site aerial BYP 117 n williams street e patetown road w patetown road

7 submarket overview goldsboro Located in Eastern North Carolina, the City of Goldsboro is the county seat of Wayne County. Conveniently located on US 70, Goldsboro is within 30 minutes of the I-40 and I-95 corridors. The City of Goldsboro employs 441 full-time personnel and provids numerous services to its citizens. Recognized as a Top Ten City by Money Magazine in 1993, the City of Goldsboro takes great pride in providing quality and efficient services to the public. City Hall is located in the heart of downtown Goldsboro, at 200 North Center Street and is open from 8:00 am until 5:00 pm, Monday through Friday. The City of Goldsboro is the proud home of Seymour Johnson Air Force Base, home of the 4th Fighter Wing. Seymour Johnsonreceived the Commander in Chief s Installation Excellence Award Air Force for 2001, the highest award given to a military base. Spanning more than five decades and five wars, Seymour Johnson AFB s 4th Fighter Wing is one of the most distinguished fighter units in the world. The 4th Fighter Wing of Seymour Johnson Air Force Base, N.C., puts airpower on-target, on-time for America. The wing is home to the multi-role, all-weather F-15E Strike Eagle and provides worldwide deployable aircraft and personnel capable of executing combat missions in support of the Aerospace Expeditionary Force. 52k population 2015 estimated is 51, projected is 53, median age 3k total businesses 2,818 buisneses within 5 miles of downtown Goldsboro

8 For additional information please contact: JOHN H. KERR, IV SIOR Vice President, Brokerage Services direct presented by York Properties, Inc Clark Avenue Raleigh NC