• 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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Restaurant Space 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

Restaurant Space in Onslow County

Our real estate firm is based in Jacksonville, North Carolina and is recognized for its excellent service and high level of professionalism in the local commercial market. For more than 20 years, Ray Properties has been the local’s choice choice for companies looking for restaurant space in Onslow County or other parts of coastal North Carolina.

Due to our expertise of the regional real estate industry, our real estate firm enjoys an excellent reputation and achievement in the area.

Restaurant Space In Onslow County

Ray Properties’ Expertise

When it comes to finding restaurant space 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 perfecting our skills in commercial property, and this devotion has paid off. Ray Properties is now recognized as a premier real estate firm in the region. One of the aspects that distinguishes our company from all other real estate firms in the area is our focus on identifying properties with immense upside. We are experts at locating properties that meet specific criteria such as high growth potential, prime locations, growing 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 increases, so does the real estate industry. Consequently, Ray Properties 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 polulace needs. Ray Properties’ entrepreneurial nature and fine-tuned solutions have enabled Ray Properties to create outstanding value while meeting the needs of our clients.

With the increasing attention being paid to environmental conservation, many investors are looking to lease or buy commercial properties that have sustainable and eco-friendly features. The company is at the forefront of these eco-friendly projects, as we help businesses 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 participated in many successful real estate projects in coastal North Carolina. For example, Ray Properties assisted with the creation of a booming mall located in Wilmington, which houses a variety of companies, including Kroger, Beauty Express, Ross, and Tuesday Morning, to name just a few. Thanks to Ray Properties’ keen eye for potential, the shopping center was taken to be an exceptional making is now an perfect location for commerce businesses.

Another successful project that Ray Properties helped build was the Logistics Park in Brunswick County. This business destination is ideal for factory companies, warehouses, and other logistics-oriented enterprises because of its vast area. Ray Properties ensured the fact that the facilities is of world-class quality including convenient rail and shipping access.

Restaurant Space In Onslow County

You Can Rely On Ray Properties

Ray Properties’ knowledge in managing restaurant space in Onslow County has enabled countless companies to move and benefit from the region’s growing business environment. The firm’s devotion to forging positive connections with businesses and stakeholders has assisted in cultivating trust and assuring reliability inside the real estate industry of the region.

With an thorough grasp of the coastal North Carolina real estate landscape, our firm continues to assist businesses in finding the optimal fit for their business’s commercial property.

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