200 Williamsburg Pkwy, Jacksonville

$3,100,000

0 Beds
0 Baths
10,000 Sqft
5 Acres
0 Garages

This site was improved with a two story prefabricated metal building originally designed and constructed in 2003 containing 20,750 square feet for a lumber/hardware store. In 2011 second floor was remodeled/updated so the total square feet was increased to 25,750. The builders supply occupies 20,750 square feet of office/showroom/warehouse space plus the outside coverings and lay-down yard. On the second floor GSA (probation office) has been a tenant sense 2011 and 2019 Morton Containers signed a year lease. The location is central to residential & commercial growth. Near by retailers include: Lowes Foods, Food Lion, CVS, McDonalds, Dunkin Donuts, Taco Bell, Miller Motte College, Autzone and Advance Auto Parts.The 2 main roads that provide access to the property have daily traffic counts of 18,000 & 28,000 cars per day. The lumber company who occupies 20,750 on the ground floor, are looking to move to a smaller office on the side of the building, which will free up about 4400 sqft that can be easily converted in to more lease-able space to help increase the cap rate. The current cap rate, with the current leases in place, is 8%. With the additional free space upstairs and with the lumber company moving to the side, which frees up space, you can increase the cap rate to over 10%. Call today for your VIP tour!

Essential Information
MLS® #100169176
Price$3,100,000
Bathrooms0.00
Square Footage10,000
Acres5.00
Year Built2003
TypeCommercial
Sub-TypeMixed Use, Retail, Warehouse
StatusActive
Community Information
Address200 Williamsburg Pkwy
AreaNot In Subdivision
SubdivisionNot In Subdivision
CityJacksonville
CountyOnslow
StateNC
Zip Code28546
Amenities
UtilitiesCity Water, Community Sewer
ParkingOn Site Parking, Paved
Features

ADA Compliant, Delivery Door, Drive In Door, Electric 3 Phase, Fire Alarm, Loading Dock, Loading Ramp, Overhead Doors, Reception Area, Security Fence, Storage Inside, Storage Outside, Elevator - Freight

Interior
HeatingHeat Pump
CoolingCentral Forced Air
Exterior
Lot Description365/592/109/119/175/740
RoofMetal/Tin, Steel Joists/Truss
ConstructionMetal
FoundationSlab
Additional Information
Date ListedJune 5th, 2019
Days on Market90
ZoningCC
Office

Coldwell Banker Alliance Group Realty

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