1177 N Road St - Medical FOR SALE
Elizabeth City, NC 27909 |
1177 N Road St
Elizabeth City, NC 27909
HIGHLIGHTS
- Medical Office Building – Healthcare real estate has been a highly sought-after investment as it tends to be more resistant to economic downturns
- NNN Lease – Taxes, insurance, and maintenance are covered under this NNN lease, making this property ideal for out-of-state investors
- Investment Grade Tenant – Sentara Healthcare holds an Aa2 Credit rating from Moody’s.
- Active Medical Corridor – Located in a highly active area of medical offices in Elizabeth City.
- Robust Industry Growth – Ambulatory Surgery Centers (ASCs) are becoming an increasingly sought-after asset.
- New Lease Extension - Sentara Medical Group recently extended this lease until 2025, with an option to extend.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Recent Lease Ext | Sentara Surgery Specialist
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
ADD'L SUBTYPES
Convenience Store, Drug Store, Health Club
TOTAL BUILDING SIZE
6812
STORIES
3
BUILDING CLASS
C
YEAR BUILT
2009
SPRINKLERS
-
PARKING SPACES
37
LAND DETAILS
LAND ACRES
1.39 AC AC
LAND SF
60,548 SF
ZONING
-
APN/PARCEL ID
891402880051,891402882042
