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Suite 101 5208 Carolina Beach Rd 1,528 SF 4% Leased Flex Building Wilmington, NC 28412 $682,511 CAD ($446.67 CAD/SF) 7.53% Cap Rate

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Executive Summary

Unit 101 is 1528 sq ft. This suite used to be a gym and is now an after school child care. The unit has HVAC, 2 showers, 1 sauna, flex space in the back with a garage door and a walk in door in rear, storefront doors in the front. Just signed a new tenant for a 3 year lease!

Unit_101_Stoked_Business_Park_Offering_Memorandum

Property Facts

Price	$682,511 CAD	Lot Size	1.82 AC
Price Per SF	$446.67 CAD	Rentable Building Area	1,528 SF
Sale Type	Investment or Owner User	No. Stories	1
Cap Rate	7.53%	Year Built	2020
Sale Condition	Lease Option	Parking Ratio	2.86/1,000 SF
Property Type	Flex OfficeLoft Creative Space Office Medical Office Office Residential	No. Drive In / Grade-Level Doors	3
Building Class	B
Zoning	B-2 - B2

Price	$682,511 CAD
Price Per SF	$446.67 CAD
Sale Type	Investment or Owner User
Cap Rate	7.53%
Sale Condition	Lease Option
Property Type	Flex OfficeLoft Creative Space Office Medical Office Office Residential
Building Class	B
Lot Size	1.82 AC
Rentable Building Area	1,528 SF
No. Stories	1
Year Built	2020
Parking Ratio	2.86/1,000 SF
No. Drive In / Grade-Level Doors	3
Zoning	B-2 - B2

24 Hour Access

Security System

Signage

Air Conditioning

Water
Sewer

Major Tenants

Advanced Air Solutions
Construction
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-
-
-

Stokley Development
Professional, Scientific, and Technical Services
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-
-
-

Arts, Entertainment, and Recreation
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-
Plus Utilities
Aug 2024

L'Institut Jiu-Jitsu est un gymnase de Jiu-Jitsu brésilien de premier plan au design moderne et élégant. Ils ont près de 1 000 pieds carrés d'espace de tapis et une variété de cours pour tous les âges, y compris des cours pour femmes, hommes et enfants, des cours sans gi, des heures de laboratoire ouvertes pour les étudiants et une formation gratuite chaque semaine pour tous les étudiants de BJJ, peu importe leur affiliation au gymnase. L'Institut Jiu-Jitsu se concentre sur l'enseignement du plus haut niveau de technique et se consacre au maintien des traditions, des valeurs et de l'authenticité du BJJ pour les années à venir.

Tenant	Industry	SF Occupied	Rent/SF	Lease Type	Lease End
Advanced Air Solutions	Construction	-	-	-	-
Stokley Development	Professional, Scientific, and Technical Services	-	-	-	-
	Arts, Entertainment, and Recreation	-	-	Plus Utilities	Aug 2024

1 1

Aerial
Map

5208 Carolina Beach Rd, Wilmington, NC - Aerial map view - Image1

5208 Carolina Beach Rd, Wilmington, NC - Aerial map view - Image2

Fairly walkable

50/100

Exceptionally drivable

100/100

Limited public transit

30/100

Somewhat bikeable

30/100

Source: Local Logic^®

Property Taxes

Parcel Numbers	Multiple R07600-006-176-008 R07600-006-176-006 R07600-006-176-000 R07600-006-176-007 R07600-006-176-002	Improvements Assessment	$3,412,915 CAD
Land Assessment	$730,240 CAD	Total Assessment	$4,143,155 CAD