3511 Graystone Pl SE - Medical FOR SALE


Conover, NC 28613
$2,041,500 USD
843-252-5911
3511 Graystone Pl SE, Conover, NC for Sale
$2,041,500 USD
Medical - FOR SALE
1/5
null | 8.24% Cap Rate

3511 Graystone Pl SE
Conover, NC 28613


HIGHLIGHTS

  • Stable Asset Class – Healthcare Real Estate holds a strong track record of providing investors with long-term tenancy
  • Passive Income – Taxes, insurance, utilities, and routine maintenance are all covered by the tenant under this triple-net lease.
  • Growing Rental Rate – Keep up with inflationary pressures with this lease’s rent escalations matching the CPI capped at 4% annually.
  • Favorable Return – An 8.24% cap rate is offered for this asset, a unique opportunity to receive such a favorable return starting day one.
  • Hospital Tenant – Catawba Valley Medical Center leases this property as an extension of its 50+ locations throughout the region.
  • Critical Healthcare Location – This asset sits less than 1,000 feet from the 258-bed, flagship hospital for Catawba Valley Medical Center

OVERVIEW

Kyle Matthews License # C38369, 288917 (NC) Matthews Real Estate Investment Services, Inc 1600 West End Ave, Ste. 1500 Nashville, TN 37203 (866) 889-0550

FOR SALE DETAILS

PRICE

$2,041,500 USD

PRICE/SF

$204 USD /SF

CAP RATE

8.24%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Catawba Valley Family Med - Hosp Adjcnt - NNN

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

undefined, Storefront Retail/Office, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1974

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.1 AC

LAND SF

47,916 SF

ZONING

-

APN/PARCEL ID

3722168257790000

ASK ABOUT THIS PROPERTY

Ryan BurkeMatthews Real Estate Investment ServicesMore Info
843-252-5911

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

Ryan BurkeMatthews Real Estate Investment ServicesMore Info
843-252-5911

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