7 E Duncan St - Medical FOR SALE


Lillington, NC 27546
$1,495,000 USD
910-818-8400
7 E Duncan St, Lillington, NC for Sale
$1,495,000 USD
Medical - FOR SALE
1/51
null | Request Cap Rate

7 E Duncan St
Lillington, NC 27546


HIGHLIGHTS

  • 25 offices/exam rooms, 8 bathrooms, 2 kitchenettes, and a large reception and waiting area
  • property is secured with a credit tenant for a 6-year lease, along with an option for a 5-year renewal

OVERVIEW

Spacious ±6,497 SF medical office situated on a 0.92-AC lot with ample parking. 25 offices/exam rooms, 8 bathrooms, 2 kitchenettes, and a large reception and waiting area. Currently, the property is secured with a credit tenant for a 6-year lease, along with an option for a 5-year renewal. Monthly Basic Rent of $8,368 ($15.69/sf) with annual increases.

FOR SALE DETAILS

PRICE

$1,495,000 USD

PRICE/SF

$230 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.92 AC

LAND SF

40,075 SF

ZONING

C-3

APN/PARCEL ID

10065019360001 01

ASK ABOUT THIS PROPERTY

Franklin JohnsonFranklin Johnson Commercial Real EstateMore Info
910-818-8400

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Franklin JohnsonFranklin Johnson Commercial Real EstateMore Info
910-818-8400

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