4709 College Acres Drive, Wilmington, NC 28403

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Darlene S.

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Building Details:

• Year Built: 1984

4709 College Acres Drive is an office property for lease in Wilmington, NC.

Attractive 1,942 square foot two story, end unit, Office Condo for Sale in University Place Office Park. Great location conveniently located. Good visibility. More than adequate parking. One block from UNCW. This condo resides on the second lot adjacent to College Rd (71 yards off of College Rd, offering high traffic count). Roof and HVAC Compressor replaced in 2011. New water heater. Security system in place.

Tastefully updated contemporary style. Both floors have almost new carpet, freshly painted walls, ceilings/trim. Each floor boasts five spacious private offices and a private bathroom. First floor has a kitchenette. Nice, affordable space in a popular area. Good investment property with positive cash flow.

Two tenants, fully rented (but flexible, if need be). Second floor tenant has a yr-to-yr lease and willing to extend his (thru Dec 2016) lease or vacate at end of lease period for new owner. First floor tenant has 18 months left on 2 yr lease (willing to extend it).

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