104 Mark Drive Edenton Income Producing Medical Building

$ 375,343.00

104 Mark Dr, Edenton, NC 27932, USA
  • Property ID: 2499
  • Date added: 05/27/21
  • Post Updated: 2022-10-31 17:49:07
  • 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.

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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

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Properties Qty: 88 Rating:

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 baths bathrooms, and is 3346 sq ft. The property was built in 1988 year.