10,200 Square Foot Retail Space For Sale @ 4112 Dr M L King Jr Blvd
4112 Dr M L King Jr Blvd, New Bern, NC 28562
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Garry S.
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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.
Listing company: Eastern Carolinas Commercial Real Estate
Pricing: Contact for Pricing
Availability: Now
Listing ID: 1060772