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Manteo, NC - GSA FBI

$1,554,000

201 Etheridge Rd, Manteo, NC 27954

Active
Last Updated: 03/20/2026

6.4

Cap Rate

99,343

NOI

Details:
Cap Rate:    6.4%
NOI:    $99,343
Building Size:    7,543 sqft
Lot Area:    3.85 acres
Year Built:    2019
Zoning:    F1 - Real Commercial
Description:

• United States Government (S&P: AA+) signed lease
• 3 years remaining with 1 (5-year) option to extend
• The lease features a 9.95% rental increase in February 2029
• The site serves as an operations control center for the F.B.I., demonstrating the asset’s mission-critical nature and strategic location

• The asset is located in Dare County, which includes the Outer Banks region, a major tourist destination famous for its beaches and natural scenes
• In 2024, Dare County’s tourism industry brought in over $2.1 billion in revenue, ranking it 4th across all of North Carolina’s 100 counties
• The Outer Banks sees approximately 3 million visitors annually

Map:
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