10.86% CAP Fully Leased Medical Center $ 2,400,000.00
10.86% CAP Fully Leased Medical Center
$ 2,400,000.00Fully leased Medical/Office Park with 8 tenants on modified gross leases. 32,066 sq ft of space in 6 buildings built between 1989 & 1992. Current income for 2022 is $357,857.40 with projected expenses of $97,044.46 or less giving a projected NOI of $260,812.94 making this a 10.86% cap rate investment. Approximately 3 acres of high […]
8280 sq ft medical bldg built in 2000 located on Hwy 17 just 2 miles N of Sentara Albemarle Hospital. Just N of City limits means no City taxes and no expensive City Electric rates. Building has N wing vacant currently so NOI is $16,317/yr but fully occupied NOI increases to $48,717/yr.
Income producing investment opportunity with a 10% cap rate on a triple net leased property, a freestanding 1836 sq ft building located on the corner of N Broad Street and Paradise Road in Edenton. Tenant is Friendly Check Cashing and they have a new 5 year Triple Net lease through April of 2028 with two […]
Shopping Center Caratoke Hwy in Grandy NC $ 249,000.00
Shopping Center Caratoke Hwy in Grandy NC
$ 249,000.00Condominiumized Shopping Center for sale on Caratoke Hwy in Grandy. 7 of the 9 units offered for sale. 3 units are currently vacant. 4 tenants bring in $32,200/year gross, $16,559.02 NOI. Ample road frontage, 18,000 daily traffic count, multiple curb cuts. Roof and many HVAC units are new, county water, 2 septic tanks. Monitoring wells […]
Medical and Office space near Sentara Albemarle Medical Center in Elizabeth City, located behind former Todds Pharmacy Northside. 1,500 sq ft for $1,500 per month. Gross lease so Tenant pays rent, all utilities, and insurance for liability and contents.
