Income Producing Medical Building- 13% CAP RATE | Real Estate – Edenton, NC

Income Producing Medical Building in Edenton – Income producing 9,622 sq ft medical building in front of the Hospital in Edenton.​ Vidant has leased the building  since 2009, current rent $142,817/yr with $24,362/yr expenses making the NOI $118,455.​ Current price gives this property an incredible 13% cap rate!