Building Details:
• Year Built: 1995
4112 Dr M L King Jr Blvd is a mixed-use property located in New Bern, NC. The property currently has 1 office space and 1 retail space for lease and is marketed by Eastern Carolinas Commercial Real Estate.
Investment 8 CAP, Five unit 10,200 SF Retail Strip Center Copperfield Plaza on 1.68 AC for sale in New Bern. This Plaza is currently occupied by four tenants, and has a vacant office open for lease.
Current cash flow $ 86,388.00 Per Year
Vacant Unit $16,940.00 per year. 1,540 SF @ $11 PSF
GROSS RENT $103,332.00 per year
Expenses $17,208.00
Proforma NOI $86,120.00
proforma 8 CAP $1,076,500.00
Offered at $860,000.00
Call for rent roll and NOI. 85% leased.
Located on MLK Jr. Blvd, with excellent road frontage, this retail center is in an ideal commercial location in growth part of town.
- Available Spaces
Suite | Space Type | Pricing | Size |
---|---|---|---|
--- | Retail Space | For sale: Contact for Pricing | 10,200 sqft |
View Details | |||
Space 1 | Office Space | For lease: $0.92/sqft | 1,540 sqft |
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