1915 K M Wicker Memorial Dr - Medical FOR SALE
Sanford, NC 27330 |
$1,060,983 USD
843-252-5911
1915 K M Wicker Memorial Dr
Sanford, NC 27330
HIGHLIGHTS
- Favorable Asset Class: Medical office properties historically exhibit strong tenant retention, above-average rental rates, and durable appreciation
- Below Replacement Cost: Priced at $174 per square foot, the asset offers a compelling value proposition
- Recent Capital Improvements: Comprehensive HVAC replacement completed within the past three years
- Tenant Affiliation: 47% of the GLA is occupied by the Duke LifePoint affiliated tenant known as Central Carolina Sports & Orthopedic Medicine
FOR SALE DETAILS
PRICE
$1,060,983 USD
PRICE/SF
$175 USD /SF
CAP RATE
7.25%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
2-Tenant MOB | Hospital Adj | Duke Lifepoint
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
ADD'L SUBTYPES
Convenience Store, Drug Store, Freestanding
TOTAL BUILDING SIZE
-
STORIES
2
BUILDING CLASS
B
YEAR BUILT
1999
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.66 AC
LAND SF
28,750 SF
ZONING
OI
APN/PARCEL ID
9642-35-2557-00
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843-252-5911
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843-252-5911
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