Listing Detail - For Sale
Somerset 55
$919,000
Listing ID#
38349
Somerset 55
3100 NC 55 Hwy
Cary NC 27519
3100 NC 55 Hwy
Cary NC 27519
County: Wake
Listing Type: Office
$204.45 per SF (Condo)
For More Information Contact:
Eddie Blair - Blair Commercial Realty, Inc
Phone: (919) 469-3233 | Fax: 919-469-2688 | Email: click here
Website
Blair Commercial Realty, Inc
Eddie Blair - Blair Commercial Realty, Inc
Phone: (919) 469-3233 | Fax: 919-469-2688 | Email: click here
Website
Blair Commercial Realty, Inc
Property Summary - Somerset 55
| Property Type: | Office | Year Built: | 2007 |
| Condo SF: | 4,495 | Total SqFt of Lot: | 64,033 |
| Total Rentable Area: | 17,846 | Total Acres of Lot: | 1.47 |
| Total Units: | 7 | Listing Max Acres: | 0.00 |
| Status: | Sold | Listing Min Acres: | 0.00 |
| NOI: | 80,996 | Construction Type: | Brick, Glass, Steel |
| Number of Floors: | 2 | Cap Rate: | 8.81 |
| General Zoning: | office | ||
Description
Somerset 55 Office Condominium suite 102
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Somerset 55
This is the only leased suite at Somerset 55, a 2 story brick and steel office condominium constructed in 2008 at the NE corner of NC Hwy 55 and Connemara Drive in west Cary. The building has 100% occupancy. Suite 102 is on the first floor with access from the interior hallway and 2 exterior doors. The suite is leased to a pediatric physical therapy practice with approximately 4 years 9 months remaining on the lease. Strategically located midway between Hwy 64/Hwy 55 / Beaver Creek SC area and I-540/ Hwy 55 interchange. All other units are owned by owner/users and include adult physcial therapy, family medical, chiropractor, periodontist, and dentist.
This is the only leased suite at Somerset 55, a 2 story brick and steel office condominium constructed in 2008 at the NE corner of NC Hwy 55 and Connemara Drive in west Cary. The building has 100% occupancy. Suite 102 is on the first floor with access from the interior hallway and 2 exterior doors. The suite is leased to a pediatric physical therapy practice with approximately 4 years 9 months remaining on the lease. Strategically located midway between Hwy 64/Hwy 55 / Beaver Creek SC area and I-540/ Hwy 55 interchange. All other units are owned by owner/users and include adult physcial therapy, family medical, chiropractor, periodontist, and dentist.
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