NNN Medical Office UNC Health Tenant

Office for Sale
Catylist Listing ID: 30497047
Property Subtypes: Net Leased
Building Size (RSF): 5,313 SF
Gross Land Area: 3.99 Acres
Sale Price: $1,017,000
Unit Price: $191.42 PSF
Ceiling: 10 ft.
Property Use Type: Net Leased Investment (NNN), Investment
Building Name: UNC Family Medicine
Class of Space: Class B
Usable Size (USF): 5,313 SF
Sale Terms: Cash to Seller
Cap Rate: 7.5%
Average Occupancy Rate: 100
Last Updated: 9/18/2019

Overview / Comments

UNC Physicians network has executed a new 5 year NNN lease extension with two three year options. Current operation serves over 1,000 patients and is growing. Lease commencement date August 1st 2019. Well appointed medical office building with 9 exam rooms, procedure room, lab room and provider office space. (see attached architectural floor plan).

Located at 4680 US Hwy 117 N. in Pikeville. UNC serves an underserved tertiary market between Wilson and Goldsboro.

Attachments & Media

Additional Details

Nearest MSA: Goldsboro
County: Wayne
Taxing Authority: Wayne Co.
Tax ID/APN: 3603343048
Zoning: MO
Property Located Between: Wilson and Goldsboro, Just off of the new Hwy 795
Property Visibility: Excellent
Highway Access: Hwy 795 and US 117 N
Site Description: 3.99 acre site with possibility to subdivide for additional development and income. Located at the corner of US 117 N and Mt. Carmel Church Rd.
Area Description: Located in the Pikeville township next to Food Lion. Property is fifteen minutes from Goldsboro and 25 minutes from Wilson NC, servicing, but not limited to theses areas, Fremont, Nahunta, Eureka, Faro, Rosewood and Stoney Creek
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 2008
Roof Type: Gable
Construction/Siding: Brick
Exterior Description: Custom brick building, Gable shingle roof; please see exterior photos attached
Parking Type: Surface
Parking Description: Surface parking lot with ingress and egress on both hwy 117n and Mt. Carmel Church Rd.
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable
Interior Description: Very well appointed medical office space.
Zoning Description: 19-Medical Office
Lot Frontage: 396 Ft.
Lot Depth: appx 460 Ft.
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 6,465 19,969
Median Age: 36.12 37.94
Households: 2,428 7,627

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