Northmarq is pleased to offer for sale to qualified investors the opportunity to acquire the fee simple interest in the land and building of a single tenant medical office facility located in Greenville, North Carolina (the "Property"). The Property consists of 4.35 acres and a two story, 20,458 square foot medical office that was built in 1989 and expanded in 2012 for the exact specifications of the Tenant. The Property is located in a strong medical corridor immediately adjacent to the region's largest hospital system and educational system - the ECU Health Medical Center and ECU Brody School of Medicine. The Property is located very near the intersection of Stantonburg Drive (32k VPD) and West Arlington Boulevard (28k VPD), giving it immediate access to the region's population center with approximately 97,000 in population in the five-mile radius earning an average household income of $75,000 annually. The Tenant is ECU Physicians, Brody School of Medicine, East Carolina University and the operator is ECU Physicians' Psychiatric Medicine Outpatient Clinic and the Center for Telepsychiatry. Tenant moved into the Property upon completion of the expansion in 2012 and executed a ten (10) year initial lease term. Tenant exercised a renewal option of five (5) additional years most recently with the term expiring February 29, 2028. Rent is $456,121 annually and will increase at an annual rate of two percent (2%) throughout the primary and one (1), five (5) year option term. The lease expense structure is modified gross with Tenant paying all utilities and janitorial costs. In association with: Jeff Hughes - NC Lic. #101282