3580 NC Highway 14 | Reidsville, NC 27320
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- LoopNet Team
3580 NC Highway 14
Reidsville, NC 27320
CleanStart Health · Office Property For Sale
INVESTMENT HIGHLIGHTS
- GROWING NEED: With the opioid epidemic on an upward trajectory, demand for treatment has increased, resulting in a stable business and tenancy for man
- QUICK STABILIZATION: Locations typically reach stabilization within 16 months of opening. Reidsville has only been open 8 months and has reached 64% p
- ATTRACTIVE LEASE: A new 15-year absolute NNN lease with annual increases will be structured at closing, resulting in a highly attractive investment fo
- HIGHLY PROFITABLE: CleanStart Health locations operate on a 40% EBITDA margin, a highly profitable model that ensures rent is paid.
- LOW PRICE POINT: The property is priced at just over $1M, making for a highly accessible investment, particularly for a healthcare related property.
- BARRIER TO ENTRY: CleanStart locations require federal and state licensing, a time consuming process that makes relocation difficult.
PROPERTY FACTS
Property Type
Office
Property Subtype
Medical
Building Size
5,000 SF
Building Class
B
Year Built
1982
Building Height
1 Story
Typical Floor Size
5,000 SF
Building FAR
0.03
Lot Size
3.41 AC
Zoning
RA
Parking
50 Spaces (10 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 145883 | Improvements Assessment | $538,950 |
| Land Assessment | $106,722 | Total Assessment | $645,672 |
PROPERTY TAXES
Parcel Number
145883
Land Assessment
$106,722
Improvements Assessment
$538,950
Total Assessment
$645,672
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