2201 Old Nc 86 Hwy - Medical FOR SALE


Hillsborough, NC 27278
$2,400,000 USD
980-498-3293
2201 Old Nc 86 Hwy, Hillsborough, NC for Sale
$2,400,000 USD
Medical - FOR SALE
1/4
null | 6.5% Cap Rate

2201 Old Nc 86 Hwy
Hillsborough, NC 27278


HIGHLIGHTS

  • TRIANGLE REGION ECONOMIC GROWTH
  • PROXIMITY TO MAJOR GROWTH & REDEVELOPMENT
  • AFFLUENT SURROUNDING DEMOGRAPHICS

OVERVIEW

INSTITUTIONAL MEDICAL TENANT - UNC Health Care is a leading, not for-profit integrated health system owned by the State of North Carolina - Backed by University of North Carolina Hospitals at Chapel Hill - Systemwide operations include 15 hospitals and over 900 outpatient clinics statewide AFFLUENT SURROUNDING DEMOGRAPHICS - Hillsborough benefits from high household incomes and strong homeownership - 3-mile AHHI exceeds $145K - Stable professional base anchored by UNC, Duke, and Research Triangle Park employment centers STRATEGIC MEDICAL CORRIDOR LOCATION - Positioned along Old NC 86 Hwy near I-85 & I-40 - Minutes from UNC Health Hillsborough Campus and less than 15 miles from UNC Medical Center in Chapel Hill - Serves as a key access point for patients from Hillsborough, Durham, and Mebane markets PROXIMITY TO MAJOR GROWTH & REDEVELOPMENT - Located within the rapidly expanding Orange County corridor experiencing strong healthcare, residential, and mixed-use development - Nearby projects include the Collins Ridge master-planned community (1,200+ homes) and UNC Health’s recent medical campus expansion TRIANGLE REGION ECONOMIC GROWTH - Part of the greater Raleigh-Durham-Chapel Hill MSA, one of the fastest-growing regions in the U.S. - The Triangle has added over 300,000 residents in the past decade - Continued job expansion in healthcare, technology, and education sectors drives long-term real estate demand

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$411 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

UNC Health

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Freestanding, Service Station

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

68

LAND DETAILS

LAND ACRES

1.07 AC

LAND SF

46,609 SF

ZONING

-

APN/PARCEL ID

9863982019

ASK ABOUT THIS PROPERTY

David HoppeAtlantic Capital PartnersMore Info
980-498-3293

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David HoppeAtlantic Capital PartnersMore Info
980-498-3293

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.