795 US-64 - Medical FOR SALE


Plymouth, NC 27962
$1,135,872 USD
919-475-5769
795 US-64, Plymouth, NC for Sale
$1,135,872 USD
Medical - FOR SALE
1/20
null | 6.29% Cap Rate

795 US-64
Plymouth, NC 27962


HIGHLIGHTS

  • 6.29% CAP - Net Leased Investment
  • $71,500 NOI starting April 2024
  • 10-Year Lease Signed April 2022
  • Completely Renovated in 2020
  • Excellent Visibility from US-64 E
  • Prime Location across from Washington Regional Medical Center

OVERVIEW

EXCEPTIONAL NET-LEASED INVESTMENT OPPORTUNITY - 6.29% CAP. This 3,886 SF medical office was completely renovated in 2020 offers modern functionality and long-term stability. Tenant just signed a 10-year lease in April 2022. Features exam rooms, nurse's station, office area, three restrooms, a kitchenette/breakroom and lobby. Conveniently located on US-64 E, it benefits from high traffic visibility, located directly across from Washington Regional Medical Center and near a busy shopping center anchored by Food Lion. With an AADT of 14,500, this location guarantees prime exposure.

FOR SALE DETAILS

PRICE

$1,135,872 USD

PRICE/SF

$292 USD /SF

CAP RATE

6.29%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Prime 6.29% CAP Net-Leased Medical Office – H

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

26

LAND DETAILS

LAND ACRES

0.8 AC

LAND SF

34,848 SF

ZONING

C2, Neighborhood Business

APN/PARCEL ID

6777.09-16-8876

ASK ABOUT THIS PROPERTY

Vandan Gandhi, CCIMKW CommercialMore Info
919-475-5769

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Vandan Gandhi, CCIMKW CommercialMore Info
919-475-5769

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