5-Year NNN Medical Sale Leaseback
124 Samaritans Ridge Road Elkin NC 28621
- Price$1,950,000
- Acres1.40
5 -Year NNN medical sale leaseback opportunity to own a well-located and well-maintained medical building in Elkin, North Carolina. Established, successful pediatric and family medicine practice occupies the building, which is only 2 minutes from Hugh Chatham Memorial Hospital. Peaceful professional office park setting. The main building is ±8,221 SF and comes with two additional buildable lots in the development (±1.23 acres and ±2.00 acres). The property is well-maintained, 5 minutes from I-77 and convenient to US-421. Features a generator and 51 parking spaces.
Broker:
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Nick Gonzalez, CCIM
Email
Details
Property Information
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Property Type
Investment
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Building SF
8,221
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Year Built
2000
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Acres
1.40
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Additional Lots
1.23 acres & 2.00 acres
Pricing & Terms
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Price
$1,950,000
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NOI
$121,260
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Cap Rate (Actual)
7.55% (6.21% including addtl. lots)
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Comments
5 -Year NNN medical sale leaseback opportunity to own a well-located and well-maintained medical building in Elkin, North Carolina. Established, successful pediatric and family medicine practice occupies the building, which is only 2 minutes from Hugh Chatham Memorial Hospital. Peaceful professional office park setting. The main building is ±8,221 SF and comes with two additional buildable lots in the development (±1.23 acres and ±2.00 acres). The property is well-maintained, 5 minutes from I-77 and convenient to US-421. Features a generator and 51 parking spaces.