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5208 Carolina Beach Rd
Wilmington, NC 28412 Silver Lake

$373,610 - $685,000 USD

Flex Condos For Sale  •  1,237+ SF

Property Details

  • Property Type Flex
  • Total Building Size 14,000 SF
  • Lot Size 1.82 AC
  • Building Class B
  • Year Built 2020
  • Cap Rate 7.00 %
  • Tenancy Multiple
  • Zoning B-2
30 Transit Score
50 Walk Score

4 Units Available

Name Condo Use Size Price Details
1st Floor - Unit 102 Flex 2,875 SF $685,000 USD
  • Unit Size: 2,875 SF
  • Condo Use: Flex
  • Price: $685,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $238.26 USD
Description
Currently leased for the next three years and is a JJI gym.  JJI has been a tenant since we built the building.

2nd Floor - Unit 200 Office/Retail 1,237 SF $373,610 USD
  • Unit Size: 1,237 SF
  • Condo Use: Office/Retail
  • Price: $373,610 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $302.03 USD
Description
Suite 200.  This suite is 1237.12 sq ft.  on rear of building, nice view.  Currently this suite has a HVAC unit, power, and lights.  We can build to suit.

2nd Floor - Unit 202 Office 1,646 SF $469,110 USD
  • Unit Size: 1,646 SF
  • Condo Use: Office
  • Price: $469,110 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $285.00 USD
Description
2nd floor condo office unit ready for your upfit.

2nd Floor - Unit 203 Office 1,472 SF $419,782 USD
  • Unit Size: 1,472 SF
  • Condo Use: Office
  • Price: $419,782 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $285.18 USD
Description
Empty shell with insulation, some sheetrock.  Can build to suit.

Description

Stoked Business Park was built in 2020.  Our admin office is upstairs on the second floor.  We currently have 3 more office spaces for sale upstairs, as well as 3 leased units for sale downstairs.  All of our leased units have an existing lease until 2029 and are a triple net lease with a 7 cap.

Property Flyers

Cap Rate: 7.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Advanced Air Solutions 1,696 SF
CBKB Ventures 1,650 SF 5/31/2029
Stokley Development 1,682 SF
The Jiu-Jitsu Institute 2,876 SF 8/29/2029

Amenities

  • 24 Hour Access
  • Security System
  • Signage
  • Air Conditioning

Public Transportation

AirportDriveWalkDistance
Wilmington International 29 min - 13.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 40
Type: Surface
Included in Rent: Yes
Lee Sweeley 910-274-5559 Stokley Centre Development Corp
Lee Sweeley 910-274-5559 Stokley Centre Development Corp