4112 Dr M L King Jr Blvd, New Bern, NC 28562

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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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