This two-story medical office building offers 20,408 SF of leasable space within a 21,900 SF gross building area on an approximately 2-acre site with 113 parking spaces. Built in 1987, the property is fully leased to four medical tenants, providing stable in-place income. Ideally located near Novant Medical Center and Atrium Wake Forest Baptist Health, the asset benefits from strong healthcare demand. The property generates an NOI of $341,509, reflecting a 6.5% cap rate. Contact the broker to receive the full Offering Memorandum, including detailed income and expense information.
20,408 leaseable sq; 21,900 SF of gross building area
Built in 1987
Approximately 2 acre site with 113 parking spaces
Two-story medical building; fully leased with 4 tenants
Close to Novant Medical Center & Atrium Wake Forest Baptist Health
NOI: $341,509
Cap rate: 6.5%
Contact broker for an offering memorandum with income and expenses