Medical Office for Sale Across from Vidant Hospital

Office for Sale
Sale Pending
Catylist Listing ID: 30752861
Property Subtypes: Medical
Status: Pending
Building Size (RSF): 17,609 SF
Gross Land Area: 2.09 Acres
Sale Price: $3,375,000
Unit Price: $191.66 PSF
Ceiling: 9 ft.
Property Use Type: Net Leased Investment (NNN)
Building Name: Greenville Medical Plaza
Class of Space: Class B
Usable Size (USF): 17,609 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/15/2021

Overview / Comments

This Medical office building is located one block from the Vidant Hospital front door and is offering three NNN Leases with options to renew.. The corner space approximately 3,793 has a new pathology Lab 10 year NNN expiring in 2031. First Floor Family and Internal Medicine 6908 square feet 10 year lease NNN expiring in 2028 with options to renew. A parking leas for 21 spaces 10 year NNN expiring in 2031.The building was built to have either single use tenant or multi use tenants. There is 6908 sq. ft. vacant upstairs already built out for medical use and can offer an Potential Rental Income of $83,000.00. Building is located in the heart of the medical district with major road frontage on the corner of Moye Boulevard and Hemby Lane. It abuts a commercial hub with restaurants and hotels within walking distance.

Additional Details

Nearest MSA: Greenville
County: Pitt
Taxing Authority: Pitt Co.
Tax ID/APN: 50485, 54895, 54896, 54897
Zoning: MO
Property Located Between: On the corner of Moye Boulevard and Hemby Lane
Property Visibility: Excellent
Highway Access: Stantonsburg RD. (HYW 264)
Airports: PGV
Site Description: The building sits on over a 2 acre site with access from both Moye Blvd and Hemby Lane.
Area Description: Located in the heart of the medical district with Vidant Medical Center's entrance to the Eddie and Jo Smith Cancer Center, Heart Center and the James and Connie Maynard Children's Hospital. The Holiday Inn Express, Courtyard by Marriott, and Fairfield Inn by Marriott are also one block away with several fast casual restaurants within walking distance.
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1995
Year Renovated: 2020
Roof Type: Gable
Construction/Siding: Brick
Exterior Description: Custom brick exterior with wood column accents and a metal roof, Plush mature landscaping, building has great visibility.
Parking Ratio: 8.1 (per 1000 SF)
Parking Type: Surface
Parking Description: 122 Surface Parking Spaces Including 4 ADA with Ramps at all corners of sidewalk
Total Parking Spaces: 122
Passenger Elevators: 1
Sprinklers: None
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable, Other
Zoning Description: Medical Office
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,585 55,836 100,642
Median Age: 32.17 29.88 31.24
Households: 4,480 23,085 41,504

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