Retail,Other,Office, Retail,Office - Edenton, NC

Incredibly restored former Peanut Mill, now a 5 story office building 17,804 sq ft gem of a property w/7.5% cap rate. Fully leased to a gym on the bottom floor and an accounting firm leases floors 2-5. LL pays taxes and insurance of $26,200 tenants pay $161,947/yr in 2020 (NOI $135,947) and lease rate adjusts upward only with CPI every January. Incredible architecture, built in 1909 restored 2004-2005. 45 parking spaces, 2 handicapped, natural gas generator, handicapped accessible, working elevator. Tenants pay for all maintenance including HVAC. See more details below in Remarks.