201 Etheridge Rd - Office FOR SALE


Manteo, NC 27954
$1,231,000 USD
859-907-2006
201 Etheridge Rd, Manteo, NC for Sale
$1,231,000 USD
Office - FOR SALE
1/4
null | 8.87% Cap Rate

201 Etheridge Rd
Manteo, NC 27954


HIGHLIGHTS

  • New Construction
  • Federal Credit
  • Long-Term Lease
  • Mission Critical Agency
  • Strategic Location
  • Operations Control Center

OVERVIEW

The Ficke Team of Colliers has been retained to exclusively market for sale the Federal Bureau of Investigation (FBI) located at 201 B Etheridge Road, Manteo, NC 27954. This two-parcel condominium consists of 5,749 square feet leased to the FBI and 7,543 total building square footage. The FBI executed a 15-year / 10 firm firm term effective February 21, 2019, with the firm term expiring February 20, 2029, and full term expiring 2/20/2034, illustrating their commitment to the location. The subject property’s interior was built-to-suit for the Federal Bureau of Investigation. This lease provides investors with a stable cash flow from this long-term U.S. Government tenant (AA+ S&P credit rating). The Federal Bureau of Investigation (FBI) was established in 1908 and is the domestic intelligence and security service of the United States and its principal federal law enforcement agency. The FBI operates under the jurisdiction of the United States Department of Justice. The mission of the FBI is to protect and defend the United States against terrorist and foreign intelligence threats, to uphold and enforce the criminal laws of the United States, and to provide leadership and criminal justice services to federal, state, municipal, and international agencies and partners; and to perform these responsibilities in a manner that is responsive to the needs of the public and is faithful to the Constitution of the United States. Manteo, North Carolina, is a historic coastal town and the seat of Dare County, known for its deep ties to early American history and government presence in the Outer Banks region. As the site of the Lost Colony of Roanoke, Manteo plays a significant role in preserving colonial history through the Fort Raleigh National Historic Site and the Elizabethan Gardens. The town also serves as a local government hub, housing Dare County administrative offices and supporting maritime law enforcement, environmental conservation efforts, and coastal management programs. With a strong connection to state and federal agencies, including the National Park Service’s oversight of the nearby Cape Hatteras National Seashore, Manteo is a key center for heritage tourism, coastal policy, and community governance in northeastern North Carolina.

FOR SALE DETAILS

PRICE

$1,231,000 USD

PRICE/SF

$163 USD /SF

CAP RATE

8.87%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Federal Bureau of Investigation (FBI)

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.85 AC

LAND SF

167,582 SF

ZONING

F1

APN/PARCEL ID

025091000

ASK ABOUT THIS PROPERTY

Geoff FickeColliersMore Info
859-907-2006

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Geoff FickeColliersMore Info
859-907-2006

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