Medical Office for Sale or Lease

Office for Sale
Catylist Listing ID: 30787683
Property Subtypes: Medical
Building Size (RSF): 7,500 SF
Sale Price: $1,400,000
Unit Price: $186.67 PSF
Property Use Type: Investment
Building Name: Carolina Clinic for Health and Wellness
Class of Space: Class B
Usable Size (USF): 7,500 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/12/2022

Overview / Comments

Newly renovated 7,000 sq. ft. medical office building located in the heart of the Greenville medical district in Emerald Place Medical Park. The property is adjacent to a brand new Surgical Center and Southern Surgical Associates. This property is move in ready for a lease tenant or buyer user. Lease rate per square foot listing is $17.50 NNN

Additional Details

Nearest MSA: Greenville
County: Pitt
Taxing Authority: Greenville and Pitt County
Tax ID/APN: 82641
Zoning: MO
Property Located Between: Arlington Boulevard and Hemby Lane
Property Visibility: Excellent
Highway Access: US 264
Airports: PGV
Site Description: Built in 2011 and newly remodeled in 2021
Area Description: Strategically located in Greenville's Medical District, this building is located between Vidant Medical Center and Physicians East Medical Center. At the heart of the Medical District, Vidant Medical Center, the only Tier 1 trauma hospital east of I-95, and has over 6,000 employees in Greenville. Currently, Vidant Medical Center is the 18th largest hospital system in the US. With their recent partnership, Vidant, soon-to-be ECU Health will grow beyond their current 1,400,000 people served, 1,712 licensed beds, and their 13,000 total employees. Greenville is the 10th largest city in North Carolina and has a metropolitan area of more than 230,000 residents. Greenville is home to the 3rd largest university in NC, East Carolina University (ECU). ECU has an enrollment of over 28,500 students and employs 5,600 individuals.
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 2011
Year Renovated: 2021
Construction/Siding: Brick
Exterior Description: Custom architectural brick mixed with glass storefront, well landscaped with plenty of parking
Parking Type: Surface
Parking Description: common parking with Southern Surgical Associates
Air Conditioning: Engineered System
Zoning Description: O4-Off-Constr(24 OFCCondo)
Part of Planned Development?: Yes
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,229 54,238 96,992
Median Age: 32.27 29.67 31.02
Households: 5,292 23,016 40,159

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