$1,195,000 SALE
Office Bldg
11,682 SF
200 Cape Fear Circle
Sneads Ferry, NC 28460 Portside Station

CBC Sun Coast Partners is pleased to offer for sale, the only professional office building in the Sneads Ferry and North Topsail Beach areas. This 11,682+/-SF building is centrally located and currently configured for seven suites. Great location for military contractors, training facility or other professionals needing to be close to the Camp Lejeune Marine Base, the NewRiver Air Station or MARSOC. Located at the intersection of Highways 210 and 172 it is just minutes from US Hwy 17. Portside Station is part of the Village at Sneads Ferry Property Owner's Association which maintains the common areas, roads and common area storm-water mitigation systems. The property's topography is flat with a gentle slope for drainage purposes. The Site is located near the McDonald's Restaurant, Dairy Queen and BB&T Bank which are members of the POA. The Building currently has access to 48 parking spaces some of which are on the common area for the POA.

Property Type Office Bldg
Property Use Rental or Investment
Year Built 2004
Level Number 2
Average Floor Size 5,500
Max Continuous Area 5,500
Min Divisible Area 1,000
Zoning B-1
Tax Year 2020
Cap Rate Percentage 9.57
Common Area Factor 0
Listing ID GXCSR3
MLS ID 30536296
Style Office Bldg -General
Building Size 11,682 SF
Lot Size 0.61 AC
Available Date Dec 1st, 2019
Taxes $7,812

Property Highlights

INTERIOR DESCRIPTION Currently the interior consists of seven suites, four on the first level and three on the 2nd level. Each suite contains at least one restroom that was ADA compliant when the building was constructed. The first level lobby area and second floor foyer showcases engineered hardwood flooring and wood paneling for the walls. The lobby doors are on a time-lock system with a controlled code after hours entrance.

EXTERIOR DESCRIPTION Brick Veneer & Hardy Plank exterior with combination HIP shingled roof and metal barrel entrance. Central entrance into the 1st level lobby area for the elevator and stairs to the 2nd level.

Area Description

Area Description: Sneads Ferry is a fast growing coastal community, located southeast of Jacksonville, north of Wilmington North Carolina and is the gateway into Topsail Island with its nationally acclaimed beaches. It is is located approximately 4 miles southwest of the Highway 172 back gate of the Marine Base Camp Lejeune which is home to a population of approximately 130,000 people. The community also contains the only entrance to the Marine Corps Forces Special Operations Command (MARSOC) complex which just announced the addition of an 800-member battalion moving from Camp Pendleton beginning on January 1, 2020. Its proximity to the Marine Corps Bases, the Marine Corps New River Air Station has turned this once sleepy fishing village into a thriving bedroom community of Jacksonville, popular with not only active duty Military families, but retirees as well. MILITARY INSTALLATION INFORMATION Naval Facilities Engineering Command (NAVFAC) Mid-Atlantic, on behalf of Marine Corps Installations East, has initiated acquisition of $1.7 billion in Hurricane Florence-related new major military construction (MILCON) at Camp Lejeune, Marine Corps Air Station (MCAS) New River and MCAS Cherry Point, NC. Carolinas AGC and the North Carolina Military Business Center (NCMBC) encourage businesses to engage in this work as prime and subcontractors, designers and suppliers. Over 800 facilities at Camp Lejeune, New River and Cherry Point sustained damage during Hurricane Florence, requiring a $1.2 billion repair and a $1.7 billion replacement program. NAVFAC is acquiring the repair work in FY2019 and first quarter FY2020, which began on October 1, 2019. NAVFAC has initiated acquisition of the $1.7 billion MILCON work, which includes 31 design build projects in seven contract packages, which NAVFAC awarded in FY2020.

Region: Coastal North Carolina

Region: South Eastern North America

Region: Southeast NC

Property Features
Parking Places: 48
Location Name: Between NC Highway's 172 & 210
Development ID: The Village At Sneads Ferry Landing
Age: 11-20 Years Old
Heating - Fuel Type: Electric
Sewer: Public
Heating Type: Multi-Zone Heat
Cooling: Central A/C - Electric, Zoned A/C
Exterior Description: Cement Siding, Brick
Lot Size: 1/2 - 1 Acre
Water: Municipal Water
Area Demographics

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