• 910-346-8218 | Jacksonville NC and the greater Eastern North Carolina area

    910-346-8218 | Jacksonville NC and the greater Eastern North Carolina area
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Investment Property in Onslow County

1 properties found.

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Price: $2,500,000
MLS Number: 100434490
Year Built: 2016
Square Footage: 11000
Acres: 2.52
Listing Date: Mar 22, 2024
Sale or Lease: Sale
Pages: 1
1
100 Plank Bridge Road, Camden
$2,500,000
MLS Number:
100434490
Built:
2016
Sq Ft:
11000
Listing Date:
Mar 22, 2024
Fully leased Shopping Strip Center in the heart of Camden with a current CAP rate of 7.36%. Built in 2016 with Central Sewer and Natural Gas in the heart of lovely Camden, NC. Five units from 1,662-3,000 sq ft for a total of 11,000 sq ft with 76 parking spaces on 2.52AC listed for $1.1M below tax value. Tenants include Chesapeake Regional Medical Center, Todds Pharmacy (which is closed and subleased to a Church but Todd's lease is still in force through the end of 2027), Jack & Jenny's Pizza Company, Hungry Panda, and Waterfall Blossom Cafe. Gross Income is currently $180,550 ($15.22-$17.31 per sq ft) and all leases are NNN with $4.50 per square foot TICAM charges and the lease rates all increase between 2%-3% annually. CAP rates will increase by about 0.2% annually assuming no vacancies and no increases in expenses. Room to build an additional +/-3,500 sq ft between the existing building and Hwy 343 with parking lot and landscaping in place for the expansion area.
Address: 100 Plank Bridge Road
City: Camden
State: NC
Zip: 27921
Area: N/A
Lot Size: 2.52 acres
Property Type: Commercial
Sub Type: Commercial,Food Service,Medical,Office,Retail,Shopping Center
Sale or Lease: Sale
Heating: Heat Pump
Cooling: Central
Listing Office: Rich Company

Investment Property in Onslow County

Ray Properties is located in Jacksonville, North Carolina and is known for its outstanding service and high level of professionalism in the local commercial market. For more than 20 years, our company has been the preferred choice for people seeking investment property in Onslow County and other parts of coastal North Carolina.

With our vast knowledge of the local real estate industry, our real estate firm has earned an excellent standing and success in the area.

Investment Property In Onslow County

Ray Properties’ Expertise

When it comes to finding investment property in coastal North Carolina, there are few real estate firms that can match the knowledge and expertise of Ray Properties. We have spent over two decades developing and refining our skills in commercial property, and this devotion has paid off. The company is now recognized as a premier real estate firm in the region. One of the things that distinguishes our company from all other real estate firms in the area is our focus on identifying properties with immense upside. Ray Properties are experts at locating properties that meet specific criteria such as high growth potential, appealing locations, robust local economies, and properties with attractive financing options. The company’s extensive knowledge of the coastal region and real estate market is a significant factor in our success.

Our company understands that coastal North Carolina is in constant transition as a result of many people moving to the area annually. As the population grows, so does the real estate industry. Consequently, the company has kept up with this demand as we have been able to meet the needs of businesses looking to move into the area to provied the goods and services that the swelling population requires. Ray Properties’ entrepreneurial nature and custom solutions have enabled Ray Properties to create outstanding value while meeting the needs of our clients.

With the increasing exposure to environmental conservation, many firms are looking to lease or buy commercial properties that have sustainable and eco-friendly features. Ray Properties is at the forefront of these eco-friendly projects, as we help clients find green and sustainable properties to fit their needs. This is a crucial factor that has made Ray Properties an industry leader.

 

Successful Commercial Projects

Ray Properties has been involved in several successful real estate projects in coastal North Carolina. For example, Ray Properties assisted in the development of a thriving mall located in Wilmington, which has numerous businesses, including Harris Teeter, Sephora, T.J.Maxx, and Kohl’s, to mention a few. With Ray Properties’ keen eye for potential, the mall was transformed to a new level and is now an optimal hub for retail businesses.

Another successful project that Ray Properties helped create was the Logistics Park in Brunswick County. This prime location is suitable for industrial companies, warehouses, and other logistics-oriented enterprises due to its 273 acres. Ray Properties ensured that the infrastructure is excellent including accessible rail and shipping access.

Investment Property In Onslow County

You Can Rely On Ray Properties

Ray Properties’ experience in managing investment property in Onslow County has facilitated several companies to relocate and capitalize on the area’s growing business environment. The firm’s devotion to building solid relationships with organizations and interested parties has aided in cultivating trust and assuring reliability in the real estate industry of the region.

With an in-depth understanding of the local property scenario, Ray Properties remains helpful companies in search of the optimal property for company’s business investment.

  • Contact Ray Properties

    3684-B Henderson Drive
    Jacksonville, NC 28546

    910-346-8218

    biz@rayproperties.com

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