1729 New Hanover Medical Park Dr - Medical FOR SALE


Wilmington, NC 28403
$7,200,000 USD
910-367-1877
1729 New Hanover Medical Park Dr, Wilmington, NC for Sale
$7,200,000 USD
Medical - FOR SALE
1/8
null | Request Cap Rate

Dec '25


1729 New Hanover Medical Park Dr
Wilmington, NC 28403


HIGHLIGHTS

  • Near Hospital

OVERVIEW

This immaculate, move-in-ready medical office building offers a prime location, exceptional amenities, and a solid investment opportunity. Nestled on approximately 2.3 acres, this impressive medical office building spans approximately 23,082± square feet of well-designed space. The strategic location just off 17th Street, and less than half a mile from Novant Health New Hanover Regional Medical Center Hospital, ensures easy accessibility for both medical professionals and patients. - Zoning: The property is zoned O&I-1, providing flexibility for a variety of medical and office uses. - Exterior: The building boasts a timeless and well-maintained brick facade, complemented by a standing-seam metal roof, offering durability and aesthetic appeal. - Renovation: A comprehensive renovation in 2018 ensures modern facilities and a contemporary atmosphere throughout the building. - Layout: The 16,000sf+ first floor showcases a well-organized layout, featuring 20 wet exam rooms, administrative offices, numerous procedure rooms, and a covered drop-off and pick-up area for the convenience of patients and staff. - Second Floor: The 6,700sf+ second floor is thoughtfully designed with private offices, open work areas, additional exam rooms, and more, providing versatility for various medical practices. The seller is offering a unique and attractive proposition, with a 2-year leaseback upon closing. This arrangement guarantees a steady source of revenue for the new owner, as the property will be leased by a strong credit-worthy tenant. This leaseback arrangement adds a layer of financial security and makes this property an even more appealing investment opportunity with the ability to owner-occupy in the future. This medical office building is not just another property; it's a strategic investment in a thriving healthcare community. Seize the opportunity to own a turnkey property with a proven track record and position yourself at the forefront of medical excellence. Schedule a viewing today and envision the future of your healthcare practice in this exceptional facility.

FOR SALE DETAILS

PRICE

$7,200,000 USD

PRICE/SF

$311 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Move-In Ready Medical Building For Sale

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

2.28 AC

LAND SF

99,317 SF

ZONING

O&I

APN/PARCEL ID

R05419-003-007-000

ASK ABOUT THIS PROPERTY

Jason WindhamMaus, Warwick, Matthews & CompanyMore Info
910-367-1877

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Jason WindhamMaus, Warwick, Matthews & CompanyMore Info
910-367-1877

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