4112 Doctor M.L.K. Jr Blvd, New Bern, NC 28562

Commercial property for lease

• Description
• three commercial parcels totaling 13.2 +/- AC Commercial land for sale in New Bern. Includes a 10,200 SF Plaza is currently occupied by four tenants, and has a vacant office open for lease. Property on the busy MLK parkway ____10,200 SF building____________________________________Proforma @ 100% Leased - 5 Units Vacant 1,540 SF @ $11 PSF $16,940.00Current Cash Flow 4 Units $86,388.00 Potential GROSS Rent $103,328.00 Per YearExpenses $17,208.00Proforma $86,120.0010 CAP $860,000.00Located on MLK Jr. Blvd, averaging 24,000 cars a day with excellent road frontage, this retail center is in an ideal commercial location in growth part of town. The vacant parcels are all suitable for a retail, office, storage, hospitality, or multi-family opportunity. Building price details: $2,499,000.
• Contact info
• Garry Silivanch

  Eastern Carolinas Commercial Real Estate
  Nicholas Silivanch

  Eastern Carolinas Commercial Real Estate
• Note

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