417 Vance St - Medical FOR SALE


Clinton, NC 28328
$2,523,000 USD
847-274-0039
417 Vance St, Clinton, NC for Sale
$2,523,000 USD
Medical - FOR SALE
1/11
null | 8.5% Cap Rate

417 Vance St
Clinton, NC 28328


HIGHLIGHTS

  • Attractive Rent Increases
  • Strong Corporate Tenants
  • 100% Occupied & E-Commerce Resistant Investment
  • Strategic Location

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the fee simple interest in the medical office building located at 417 Vance Street in Clinton, North Carolina (the “Property”). The Property consists of a fully occupied, three-tenant medical office building with 13,368 square feet of space on a 1.35-acre parcel. The medical office building is anchored by Anne Arundel Dermatology (which occupies 53.55% of the RBA), a national operator with more than 112 locations and 270 providers in seven states. The remaining two suites are leased to UNC Physicians Network and Cape Fear Valley Health System. The Property is strategically located along Vance Street in the heart of Clinton. The well-maintained and attractive medical office building benefits from outstanding visibility, frontage, and signage and is across the street from both CVS and Walgreens. The Property is 0.8 miles from Sampson Regional Medical Center and is convenient to national retailers and restaurants and several large industrial facilities that drive traffic to the area. 417 Vance Street is one block from Beaman Street, 0.8 miles from US Route 701 Business and NC Route 24, and 1.2 miles from US Routes 421 and 701, the area’s primary highways. Clinton, North Carolina is the largest city and county seat of Sampson County and is 35 miles from Fayetteville, and 65 miles from Wilmington.

FOR SALE DETAILS

PRICE

$2,523,000 USD

PRICE/SF

$185 USD /SF

CAP RATE

8.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.35 AC

LAND SF

58,806 SF

ZONING

-

APN/PARCEL ID

12084684001

ASK ABOUT THIS PROPERTY

Alex SacksHorvath & TremblayMore Info
847-274-0039

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Alex SacksHorvath & TremblayMore Info
847-274-0039

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