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Investment Highlights

  • Heavy Seasonal Traffic.
  • Lit intersection

Executive Summary

Multi office Unit with one primary tenant on the first floor and six more on the second floor located in the Executive Center on the corner of Croatan Hwy and W. Helga St. corner of . Primary first floor tenant is on a 5 year lease with options to renew. 100% Occupied. Recent Appraisal on file. One or more of the owners are licensed North Carolina Real Estate Brokers.

Financial Summary (Pro Forma - 2026) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro Forma - 2026) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Medical
Building Size
4,480 SF
Building Class
B
Year Built/Renovated
1987/2021
Price
$1,532,124 CAD
Price Per SF
$341.99 CAD
Cap Rate
5.98%
NOI
$91,636 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,240 SF
Building FAR
0.06
Lot Size
1.63 AC
Zoning
Commercial - Commercial
Parking
20 Spaces (4.46 Spaces per 1,000 SF Leased)

Amenities

  • Signage
  • Wheelchair Accessible
  • Reception
  • Air Conditioning
  • Fiber Optic Internet

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Church of The Outer BAnks
  • -
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000
Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Church of The Outer BAnks - - $9.99 Lorem Ipsum Jan 0000
Somewhat walkable
30/100
Very drivable
80/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
007693000
Land Assessment
$668,563 CAD (2025)
Improvements Assessment
$510,197 CAD (2025)
Total Assessment
$1,178,761 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2026 Payable 2026
  • Listing ID: 39958956

  • Date on Market: 2026-03-30

  • Last Updated:

  • Address: 3118 N Croatan Hwy, Kill Devil Hills, NC 27948

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