4355 Hickory Blvd - Medical FOR SALE


Granite Falls, NC 28630
$4,588,000 USD
704-228-1116
4355 Hickory Blvd, Granite Falls, NC for Sale
$4,588,000 USD
Medical - FOR SALE
1/22
null | 7.85% Cap Rate

4355 Hickory Blvd
Granite Falls, NC 28630


HIGHLIGHTS

  • Property is Fully Leased to UNC Health System (Aa3 Moody's). Leading Investment Grade Healthcare Provider w/ over 273 Locations & and $8.6B in Revenue
  • UNC Health has been at this Location since 2006 Demonstrating Stability & Commitment to the Site. UNC Health Expanded into the Entire Building in 2012
  • The Property contains a NN Lease Structure. Landlord Responsibilities include Landscaping, Parking Lot, HVAC, and Roof and Structure
  • 4 UNC Health Practices: Laurel Park Women's Health, Laurel Park Women's Aesthetics & Wellness, Falls Pediatrics, Falls Pediatric Urgent Care
  • Located off of US Highway 321 (34,000 VPD), one of the Major Thoroughfares in the Market. Granite Falls is Part of the Hickory-Lenoir-Morganton Metro

OVERVIEW

This single-tenant UNC Health office presents a secure, investment-grade opportunity with three years remaining on the lease. As a long-term tenant since 2006, UNC Health has demonstrated a strong commitment to this location, ensuring stability for investors. With a double net lease structure, the landlord is only responsible for roof, structure, parking lot, and landscaping, making this a low maintenance, passive investment. UNC Health is a leading healthcare provider with 273+ locations and $8.6 billion in annual revenue, further solidifying the strength of this investment. Recent capital improvements have been made to the property, helping to preserve its long-term value while minimizing future maintenance obligations for the landlord. Located in Granite Falls, part of the Hickory-Lenoir-Morganton Metro, this property benefits from a growing market supported by manufacturing, retail, and healthcare sectors. With a strong tenant, minimal landlord responsibilities, and a prime location, this asset offers a stable and reliable income stream. Contact us today to learn more!

FOR SALE DETAILS

PRICE

$4,588,000 USD

PRICE/SF

$229 USD /SF

CAP RATE

7.85%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

UNC Health

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

80

LAND DETAILS

LAND ACRES

1.35 AC

LAND SF

58,806 SF

ZONING

C - Commercial

APN/PARCEL ID

08-16-2-28

ASK ABOUT THIS PROPERTY

Paul TimmonsFranklin StreetMore Info
704-228-1116

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Paul TimmonsFranklin StreetMore Info
704-228-1116

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