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509 Olde Waterford Way
Leland, NC 28451

$460,000 USD

Medical Condo For Sale  •  1,292 SF

Property Details

  • Property Type Medical
  • Total Building Size 38,016 SF
  • Lot Size 1.87 AC
  • Building Class B
  • Year Built 2005
  • Tenancy Multiple
  • Zoning C-2
60 Walk Score

1 Unit Available

Name Condo Use Size Price Details
2nd Floor - Unit 204 Office 1,292 SF $460,000 USD
  • Unit Size: 1,292 SF
  • Condo Use: Office
  • Price: $460,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $356.04 USD
Description
Presenting an exceptional opportunity to acquire Unit 204 within the prestigious Waterford Medical Center, located at 509 Olde Waterford Way.

This premier commercial asset is situated inside a beautifully maintained, 38,016 SF, three-story Class A building originally constructed in 2005. Offering a sophisticated professional environment, this property is perfectly suited for an owner-user looking to establish a high-profile medical or professional presence, or an investor seeking a high-quality asset in a booming submarket.

Classified as a Core Plus investment, the property provides a strong foundation of stability coupled with excellent upside potential, driven by Leland’s explosive economic growth and strong local demographics.

Description

Class A Asset: Located within a highly regarded, beautifully designed 3-story medical and professional office building.
Strategic Core Plus Opportunity: Lower-to-moderate risk investment capitalizing on stellar regional economic dynamics and management efficiencies.
Prime Commercial Corridor: Situated at a high-visibility, signalized intersection on Ocean Hwy E (Hwy 17) with exceptional traffic flow.
Regional Accessibility: Immediate proximity to Highway 74 and I-140, offering effortless connection to Wilmington and surrounding markets.
Built-in Synergy: Positioned among an established network of medical practices, professional offices, and shopping centers.

Highlights

Class A Asset: Located within a highly regarded, beautifully designed 3-story medical and professional office building.
Strategic Core Plus Opportunity: Lower-to-moderate risk investment capitalizing on stellar regional economic dynamics and management efficiencies.
Prime Commercial Corridor: Situated at a high-visibility, signalized intersection on Ocean Hwy E (Hwy 17) with exceptional traffic flow.

Amenities

  • Signage

Public Transportation

AirportDriveWalkDistance
Wilmington International 24 min - 11.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 50
Type: Surface
Included in Rent: Yes
Frank Efird 910-200-0037 SVN | Efird Commercial Real Estate
Frank Efird 910-200-0037 SVN | Efird Commercial Real Estate