The Overton Group is pleased to bring to market:
5 Silva Terra Dr, Suite 100 in Silva Terra Commons for sale as an investment opportunity.
- Suite A is occupied by Ganz International - an international clothing and apparel brand has been a long term tenant who has a lease through June, 2027.
- Suite B is occupied by Connected Health Centers by their Wilmington franchisee who operates a wellness and chiropractic clinic, lease runs through March, 2029.
(WALT is over 3.5 years)
Leases are full-service net of internet/telecom, janitorial or interior pest control. Tenant's are responsible for interior maintenance. Leases have guarantees.
(Weighted average base rent is $15.32/SF - representing a mark-to-market rent upwards of 30% and significant upside for future lessors)
Owner recently epoxy-coated their portion of the roof, and laid down all new flooring in Suite B in 2023. Suite B also contains a lead-walled x-ray room.