701 Hartness Rd - Medical FOR SALE


Statesville, NC 28677
$3,133,735 USD
864-525-8562
701 Hartness Rd, Statesville, NC for Sale
$3,133,735 USD
Medical - FOR SALE
1/14
null | 6.5% Cap Rate

701 Hartness Rd
Statesville, NC 28677


HIGHLIGHTS

  • 7,702 SF building / Built in 1980
  • Strategic Statesville location
  • Well-established pediatric dental practice
  • Building and site renovated and updated(prior to tenant occupancy (2 years ago)
  • Room on lower part of site for additional MOB development
  • Adjacent to Iredell Memorial Hwy in a Class A medical district

OVERVIEW

Sperry-Griffin Partners is pleased to present this exceptional MOB investment sale-leaseback opportunity situated in the thriving Statesville market, a bedroom community of Charlotte, NC, strategically located approx. 40 miles North of Uptown Charlotte. The building sits on a large 1.60+- acre site adjacent to Iredell Memorial Hospital and zoned O-I-2. This property is ideally suited for Office/Medical investors seeking stable returns and long-term security. This offering represents a prestigious and lucrative addition to any investment portfolio. The tenant, Happy Teeth Pediatric Dentistry, is a well-established pediatric dental practice with three locations—Statesville (subject property), Mooresville, and Huntersville—further strengthening the credit and stability of this opportunity. : Absolute NNN lease with 8 years remaining on the initial lease term and an attractive 6.5% cap rate with two 5- year options to renew. The building is two floors the main level is 3441 SF, the lower level is 3,766 SF. The large 1.60 acres campus allows for a possible MOB addition on the lower level of the site for future development. Secure your position in this flourishing market with this remarkable, low-maintenance investment.

FOR SALE DETAILS

PRICE

$3,133,735 USD

PRICE/SF

$345 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

1.6 AC

LAND SF

69,696 SF

ZONING

O1-2

APN/PARCEL ID

4745-21-2019.000

ASK ABOUT THIS PROPERTY

Mark GriffinSperry-Griffin PartnersMore Info
864-525-8562

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Mark GriffinSperry-Griffin PartnersMore Info
864-525-8562

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