102-108 Endo Ln - Medical FOR SALE


Hamlet, NC 28345
$2,500,000 USD
704-770-8483
102-108 Endo Ln, Hamlet, NC for Sale
$2,500,000 USD
Medical - FOR SALE
1/7
null | 7.25% Cap Rate

102-108 Endo Ln
Hamlet, NC 28345


OVERVIEW

CAPITAL REAL ESTATE GROUP’S U.S. HEALTHCARE INVESTMENT SALES has been exclusively retained by ownership to offer qualified investors the exceptional opportunity to acquire First Health of the Carolinas MOB (the “Property” or “Building”) located in Hamlet, NC. The investment comprises two (2) single-story buildings accounting for approximately 14,344 rentable square feet (RSF). The buildings are situated on a 3.33-acre plot, with an option to purchase an additional 10.21 acres. Each building offers 7,172 rentable square feet and was constructed in 2006. First Health of The Carolinas (Fitch AA) fully occupies Building B (108 Endo), while Building A (102 Endo) is approximately 60% occupied by the same tenant. Hamlet is an hour and a half outside of Charlotte, North Carolina. Hamlet Avenue, a crossroad of the property, sees over 12,300 vehicles daily. Within proximity of the site is Richmond Country Regional Airport, Walmart, Lowes, various dining options, and a few hotels. FirstHealth of the Carolinas, a private, not-for-profit health care network, is headquartered in Pinehurst, NC. Its 5,300 employees serve 15 counties in the mid-Carolinas. Licensed for four (4) hospitals with 610 beds, FirstHealth demonstrates a commitment to treating the whole patient and to providing quality health care for the entire community – especially those in need. The subject property offers investors the opportunity to acquire a stabilized, minimally management intensive asset with potential upside. First Health of the Carolinas has an AA credit rating from Fitch Ratings. Sale of 3.33 Acre office portion of Parcel. Additional 10.21 Acres also available.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$174 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

FirstHealth of the Carolinas

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

97

LAND DETAILS

LAND ACRES

13.54 AC

LAND SF

589,802 SF

ZONING

O1

APN/PARCEL ID

748108-89-4767

ASK ABOUT THIS PROPERTY

Michael AltieriRealti VenturesMore Info
704-770-8483

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Michael AltieriRealti VenturesMore Info
704-770-8483

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