AiCRE Partners is pleased to exclusively offer for sale 208 Penny Lane; a fully renovated, 7,688 square foot two-story medical office building strategically positioned directly across the street from Carteret Health Care — the region’s premier 135-bed, Mayo Clinic Care Network-affiliated hospital and one of Carteret County’s largest employers. This is an exceptional opportunity for a medical owner-user seeking a premier, move-in-ready facility in one of coastal North Carolina’s most sought-after healthcare corridors, with the added benefit of existing tenant income helping to offset occupancy costs from day one.
The Asset Built in 1977 and extensively renovated, features new LVP flooring throughout, a new HVAC system, a new exterior deck, wet sprinklers, and a fresh interior and exterior finish. The two-story wood-frame structure offers approximately 3,844 square feet per floor on a 0.43-acre lot, with dual front and rear building entrances providing convenient patient and staff access. With 40 surface parking spaces and a generous ratio of 5.21 per 1,000 SF, the property comfortably accommodates high patient-volume medical uses.
The building is already configured for medical occupancy with multiple exam rooms in place, minimizing the time and capital required for an owner-user to open their doors. Ideal Owner-User Opportunity 208 Penny Lane is purpose- built for a medical practice looking to own rather than lease. A physician group, specialty practice, outpatient clinic, or wellness provider can occupy the majority of the building’s 7,688 square feet as their primary practice location while benefiting from a supporting cast of smaller tenants — currently including Crystal Coast Fundamental Medical and Weight Loss and Nuro Feedback — occupying compact suites. These smaller tenants generate meaningful ancillary income on a NNN basis, effectively reducing the owner-user’s net.