304 E Saunders St - Health Care FOR SALE
Carthage, NC 28327 |
$727,000 USD
704-379-1985
304 E Saunders St
Carthage, NC 28327
HIGHLIGHTS
- Brand new 7-year lease with FirstHealth of the Carolinas, Inc. | 2% annual rent increases continue through the entire term, including both options
- High investment grade credit | AA (Fitch) | Stable outlook
- Direct lease with the health system parent | 4 hospitals with 610 licensed beds | 6,600 plus employees | 140 medical office locations across NC
- Proven medical location | Building has operated as medical office space continuously since its 1981 construction
- 15 minutes from FirstHealth Moore Regional Hospital in Pinehurst | The system’s 402-bed flagship and referral center for a 15-county region
- Tenant bears all operating costs | Utilities and service contracts paid directly by tenant, with taxes and insurance fully reimbursed to landlord
FOR SALE DETAILS
PRICE
$727,000 USD
PRICE/SF
$173 USD /SF
CAP RATE
7.5%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
FirstHealth of the Carolinas
PROPERTY TYPE
Health Care
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
-
YEAR BUILT
1981
SPRINKLERS
-
PARKING SPACES
30
LAND DETAILS
LAND ACRES
1.14 AC
LAND SF
49,658 SF
ZONING
Commercial
APN/PARCEL ID
8577-07-69-1739
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704-379-1985
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704-379-1985
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