3060 Hickory Blvd - Medical FOR SALE
Hudson, NC 28638 |
$3,867,561 USD
630-854-9717
3060 Hickory Blvd
Hudson, NC 28638
HIGHLIGHTS
- Long-Term Lease: The property is secured by a long-term lease with approximately 14 years remaining.
- Triple Net Lease: The property is secured by a NNN lease, providing investors with a hands-off, low-risk investment.
- Annual Escalators: The lease structure features strong built-in rental escalations, with an 8% increase in Year 4, and 2.5% annually thereafter.
- Growing Operator: Founded in 2021, Hopscotch Primary Care is rapidly expanding its footprint, now operating 11 clinics serving over 15,000 patients.
- Recession-Resistant Asset Class: Medical real estate is a recession-resistant asset class driven by the essential nature of healthcare services.
- Recent Redevelopment: The property recently underwent renovation in 2024 with ownership investing approximately $1.58MM to improve the property.
FOR SALE DETAILS
PRICE
$3,867,561 USD
PRICE/SF
$635 USD /SF
CAP RATE
7.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Hopscotch Primary Care | 14Yrs NNN Lease
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
C
YEAR BUILT
1995
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.71 AC
LAND SF
30,928 SF
ZONING
HB
APN/PARCEL ID
03-91-1-15
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
630-854-9717
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
630-854-9717
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
