Property History
Medical office investment in Charlotte MSA (Salisbury, NC)
Hospital credit tenant
NN lease with 2.50% annual escalations
2x5 year options at fair market
Situated in dense medical corridor
Located off of Mitchell Ave connecting to Jake Alexander Blvd (38,000 AADT)
Local retailers include, Walgreens, Dunkin', Planet Fitness, Aldi, The YMCA, Food Lion, McDonalds, etc.
810 Mitchell Avenue in Salisbury, North Carolina is a single-tenant medical office building tenanted by Novant Health Orthopedics & Sports Medicine – Salisbury. The 15,604 square foot building sits on 1.36 acres and has been leased to this market-leading orthopedic practice since construction in 2007. Novant Health recently signed a new 7-year extension commencing April 1, 2023.
Recent 7 year extension
NNN lease
2.50% annual escalations
Aa3 credit rating (Moody’s)
Loan History
Financial History
Tax History
Contact Information
Ownership Information
Zoning
Property Details
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Map
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