470 Center St - Medical FOR SALE
Bryson City, NC 28713 |
470 Center St
Bryson City, NC 28713
HIGHLIGHTS
- Duke LifePoint Healthcare Medical Office on the Swain Community Hospital Campus
- NNN Lease with Minimal Landlord Responsibility | 10+ Years of Term Remaining with the Recently Executed Option
- Attractive 3% Annual Escalations Throughout the Base Term & the Remaining 10-Year Option
- Tenant Pays Majority of Operating Expenses Directly | Management Fee Reimbursements Can Go to Landlord’s Bottom Line
- Guaranteed by Great Smokies Health Foundation, Inc. With a $2M Letter of Credit from CitiBank, N.A.
- Tenant has a State Certificate of Need | Requires Government Approval to Relocate & Guarantees a Local Monopoly
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Bryson City - Duke Lifepoint Critical Access
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
TOTAL BUILDING SIZE
11160
STORIES
1
BUILDING CLASS
B
YEAR BUILT
2009
SPRINKLERS
-
PARKING SPACES
51
LAND DETAILS
LAND ACRES
0.59 AC AC
LAND SF
25,700 SF
ZONING
-
APN/PARCEL ID
6674-15-62-7860
