±30,177 SF INVESTMENT PROPERTY FOR SALE ON BRAGG BLVD Property ID Number: 0418-46-5919 & 0418-46-7944

PRICE: $4,000,000 Acreage: 3.64 • Square feet: 30,177 • Zoning: CC - Community Commercial • Broker: Malinda Craven     Tel: 910-322-6535

Description:

This ±30,177 SF building is currently 50% (+/_) leased. The owner occupant is in the other half of the building and will vacate within 90 days of contract date. The building sits on ±3.64 acres, was built in 2000 and remodeled in 2013. This is a Class S building, is sprinkled throughout, has a pylon sign, plenty of parking, great visibility on Bragg Blvd, and has public utilities. Approximately one half of the building (14,943 SF) has been leased to a state-of-the-art Plasma Center since 2013. The tenant made significant upgrades to the building to include extra HVACs, two walk in cooler/freezers, and multi-plasma donation areas. This facility has a medical office finish with no signs of deferred maintenance and is in excellent condition. This property has access to the shared loading dock in the rear.

The other part of the building (15,234 SF) has been traditionally owner occupied since construction. This catalogue showroom space is well lit with ±28′ tall ceilings. It has plenty of cubic square footage, an office, conference room, and break room. Electric doors open into the reception/lobby area. This part of the building is also in excellent condition and shows no signs of deferred maintenance. This space is available for lease for $12/SF. The income statement attached shows the numbers based on both sides being leased.

Highlights:

· ±30,177 SF Class S Building
· All space is heated and cooled and in excellent condition
· Medical finish on half of the building
· Well lit, ± 28’ ceilings in Showroom & shared loading dock in rear
· Sprinkled, plenty of parking, pylon sign, and great visibility on Bragg Blvd
· Near I-295, All-American FWY, and HWY 401
· Significant potential customer base of 139,326 residents within a 5 – mile radius
· High traffic count of 46,500 VPD at the intersection of Bragg Blvd and Pamalee Dr

Attachments:

Floor Plan

Operating Statement

Property Flyer

Photos: