503 W Thurman Rd

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503 W Thurman Rd

New Bern, NC 28562
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B

What's Special

100% leased office building + land for future commercial development in New Bern, NC <ul><li>​±1.36 acres total (two parcels)</li><li>​Existing office building + additional developable land</li><li>​±5,819 SF | Two-story office building</li><li>​100% leased office building providing in-place income</li><li>​PINs: 7-034-10001 & 7-034-10003</li><li>​County: Craven</li><li>​Zoned C-3 Commercial District (New Bern)</li><li>​Located in a growing commercial/residential corridor</li><li>​Strong surrounding residential growth</li><li>​±5 minutes to Coastal Carolina Regional Airport</li>

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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