795 US Highway 64 E - Medical FOR SALE


Plymouth, NC 27962
$1,135,872 USD
919-475-5769
795 US Highway 64 E, Plymouth, NC for Sale
$1,135,872 USD
Medical - FOR SALE
1/14
null | 6.55% Cap Rate

795 US Highway 64 E
Plymouth, NC 27962


HIGHLIGHTS

  • 10-Year NNN Lease (2022) — Healthcare tenant locked through 2032 with 2% annual rent bumps built in
  • $74,388 NOI | 6.55% Cap Rate — Immediate, stabilized income with zero management burden
  • Purpose-Built Medical Buildout — Exam rooms, nurse's station, breakroom; high tenant replacement cost
  • US-64 Frontage | 13,500+ AADT — Prime highway visibility in eastern NC's main healthcare corridor
  • Opportunity Zone Designated — Potential capital gains tax deferral for eligible investors

OVERVIEW

A fully renovated, 3,886 SF single-tenant medical office on US-64 East, purpose-built with exam rooms, nurse's station, and staff breakroom. Secured by a 10-year healthcare lease signed in 2022 with 2% annual rent escalations, generating $74,388 NOI with minimal landlord obligations. Situated in a federally designated Opportunity Zone with direct highway visibility, 26 dedicated parking spaces, and zero near-term rollover risk. A stabilized, low-management asset in eastern North Carolina's primary healthcare corridor.

FOR SALE DETAILS

PRICE

$1,135,872 USD

PRICE/SF

$292 USD /SF

CAP RATE

6.55%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

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 Notice.