Investment Overview
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. This is a condominium ownership with applicable restrictions; additional signage options are available.
Investment 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.
- 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.