Cape Fear Valley Health 1841 Quiet Cv
37,456 SF 100% Leased Office Building Fayetteville, NC 28304 $3,436,026 ($92/SF) 7.75% Cap Rate
INVESTMENT HIGHLIGHTS
- Attractive Real Estate Fundamentals | Located within a Dense Medical Corridor | Less than a Mile Away from Cape Fear Valley Medical Center
- Robust Demographics | Population Exceeds 310,700 Individuals Within a Ten-Mile Radius
- In the Heart of a Robust Regional Medical Center | Affiliated With and In Short Distance from Cape Fear Valley Medical Center | 585+ Beds
EXECUTIVE SUMMARY
NNN Pro is pleased to present the exclusive listing for a Cape Fear Valley Health located at 1841 Quiet Cove, Fayetteville, North Carolina 28304. The site consists of roughly 18,786 rentable square feet of building space on an estimated 1.48-acre parcel of land. This Cape Fear Valley Health is subject to a 10-year Double Net (NN) lease, which commenced 2/2/2018. The current annual rent is $266,292 and has scheduled increases of 5.00% Every 5 Years.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
37,456 SF
Building Class
C
Year Built/Renovated
1991/2018
Price
$3,436,026
Price Per SF
$92
Cap Rate
7.75%
NOI
$266,292
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
18,786 SF
Slab To Slab
11’
Building FAR
0.58
Lot Size
1.48 AC
Zoning
P2 - Multi tenant commercial
Parking
50 Spaces
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 0426-25-7690 | Improvements Assessment | $1,856,132 |
| Land Assessment | $427,578 | Total Assessment | $2,283,710 |
