4275 Western Blvd - Medical FOR SALE


Jacksonville, NC 28546
$3,900,000 USD
910-459-4164
4275 Western Blvd, Jacksonville, NC for Sale
$3,900,000 USD
Medical - FOR SALE
1/122
null | 6.5% Cap Rate

4275 Western Blvd
Jacksonville, NC 28546


HIGHLIGHTS

  • Exclusive triple net (NNN) investment opportunity for a 100% leased asset providing steady income and long-term growth potential.
  • 4275 Western Boulevard, Jacksonville, NC, is a 10,800-square-foot Class A building comprising medical, office, and mixed-use space.
  • Single-tenant lease to Carolina East Health, a long-standing tenant, with a new five-year lease extension signed and options through 2040.
  • High-traffic location with an optimistic demand outlook supported by many surrounding commercial destinations and traffic counts exceeding 47,000 VPD.
  • Stabilized income-producing asset well-suited for an investor or 1031 exchange buyer seeking predictable cash flow and minimal day-to-day management.
  • Strong tenancy, durable fundamentals, and a clear path to long-term value preservation.

OVERVIEW

Explore this valuable single-tenant, triple net (NNN) investment opportunity providing secure income on a robust lease and future-forward flexibility at 4275 Western Boulevard in Jacksonville, North Carolina. 4275 Western Boulevard is fully occupied by Carolina East Health, a well-regarded tenant with long-term occupancy and an outstanding rental history. Carolina East Health has just signed a new five-year lease extension with extensions through 2040 and scheduled rent increases, reinforcing the stability and long-term viability of this investment. Spanning 10,800 square feet, this Class A medical, office, and mixed-use space is meticulously maintained, offering a turnkey solution for investors seeking an income-producing asset or a possible 1031 exchange. Originally developed as an investment property, it remains in excellent condition and has the flexibility to be subdivided should the tenant ever decide to vacate, though no such indication is anticipated. Boasting significant frontage along Western Boulevard, the area’s primary commercial corridor, this address is particularly well-positioned to hold long-term value. The 2-mile stretch down Western Boulevard from this property to Highway 17 is lined with premier co-traffic drivers like Target, Chick-fil-A, Starbucks, two Walmart Supercenter locations, Planet Fitness, and dozens of restaurants, underscoring this node’s desirability.

FOR SALE DETAILS

PRICE

$3,900,000 USD

PRICE/SF

$361 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2014

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

1.53 AC

LAND SF

66,647 SF

ZONING

CC

APN/PARCEL ID

060791

ASK ABOUT THIS PROPERTY

Matthew RayRay Properties, Inc.More Info
910-459-4164

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Matthew RayRay Properties, Inc.More Info
910-459-4164

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