104 Mark Drive Edenton Income Producing Medical Building

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$ 375,343.00

104 Mark Dr, Edenton, NC 27932, USA

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  • Date added:
    05/27/21
  • Bathrooms:
    7
  • Floors:
    1
  • Status:
  • Area:
    3346 sq ft
  • Lot size:
    0.594 acres
  • Year built:
    1988

Description

Fully leased 3,346 sq ft medical building behind Hospital in Edenton. Vidant pays $14.25/sq ft NNN. Lease began 5/1/2012 and expires 6/30/2024. Tenant renewed for 3 years instead of 1 year option in 2014, 2018, & 2021. NOI of $46,519.05 using 2018-2020 expenses (12.39% cap rate) or $43,164.46 using 2015-2020 expenses (11.5% cap rate). HVAC units were replaced in 2015 & 2016, new roof in May of 2002 with cost of $7,590. 7 exam rooms, 3 offices, 7 restrooms (1 has shower), waiting room, reception area, lab, and kitchen. 22 parking spaces.

View on map / Neighborhood

Features

Features:

  • Pylon signage in place
  • City SEWER!
  • Not in a flood zone
  • Corner location
  • Great location for Medical
  • Hospital adjacent
Amenities:

  • Freestanding Building
  • Landscaping
  • Private Parking
  • Near Downtown & Waterfront

Documents

Agent

Agent profile image

Properties Qty: 84


Rating:

Alex Rich
(252) 256-1279


AlexanderBRich@gmail.com


https://www.rich-company.com

This style property is located in Edenton is currently and has been listed on The Rich Company. This property is listed at $ 375,343.00. It has 7 bathrooms, and is 3346 sq ft. The property was built in 1988 year.

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