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1177 N Road St
Elizabeth City, NC 27909

Recent Lease Ext | Sentara Surgery Specialist · Office Property For Sale

Investment Highlights

  • Medical Office Building – Healthcare real estate has been a highly sought-after investment as it tends to be more resistant to economic downturns
  • Investment Grade Tenant – Sentara Healthcare holds an Aa2 Credit rating from Moody’s.
  • Robust Industry Growth – Ambulatory Surgery Centers (ASCs) are becoming an increasingly sought-after asset.
  • NNN Lease – Taxes, insurance, and maintenance are covered under this NNN lease, making this property ideal for out-of-state investors
  • Active Medical Corridor – Located in a highly active area of medical offices in Elizabeth City.
  • New Lease Extension - Sentara Medical Group recently extended this lease until 2025, with an option to extend.

PROPERTY FACTS

Property Type
Office
Property Subtype
Medical
Building Size
6,812 SF
Building Class
C
Year Built
2009
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
6,812 SF
Building FAR
0.11
Lot Size
1.39 AC
Parking
37 Spaces (5.43 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
891402882042
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,044,700
  • Listing ID: 27017215

  • Date on Market: 11/1/2022

  • Last Updated:

  • Address: 1177 N Road St, Elizabeth City, NC 27909

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