1319 S Glenburnie Rd, New Bern, NC 28562
For Lease
This single-story, 5,430 square foot office complex, built in 1989 and renovated in 2024, offers multiple suites for lease. Located on S Glenburnie Rd, the property boasts high visibility and ample on-site parking with overflow availability. Five suites are available, with a minimum leasable space of 1,000 square feet and a maximum of approximately 2,000 square feet. Currently connected, the suites can be easily separated into approximately 1,000 square foot sections. Each suite features a front and rear entrance/exit, a bathroom, and varied office layouts; some include kitchenettes. Existing office furniture may be available in certain units. New LVP flooring will be installed upon lease signing. Additional tenant improvements are negotiable. Tenants are responsible for water, sewer, electricity, and trash (billed through the City of New Bern), and the first $300 per HVAC repair occurrence (up to $900 annually). The landlord covers roof and structural repairs, landscaping, property taxes, and property insurance (reimbursed through monthly NNN charges). The property is zoned NC5 and has an APN of 8-240-109. Floor plans are available upon request.
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Barrett Square Corporate Office
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.