Listed by Lee & Associates - Raleigh Durham
$3,640,000
3613 Haworth Drive
Details
Property Type Office
Sub Type Medical Office
Square Footage 6,912
Cap Rate 6.75%
NOI $245,754
Tenancy Single
Lease Type NN
Lease Expiration 07/30/2035
Remaining Term 9.9
Lease Options (2) 5-Year Options at Market Rate Advance notice of 365 days required
Year Built 1968
Year Renovated 2013
Acreage 0.880
Lease Commencement 07/31/2025
Office | 6.95% CAP | 6,912 SqFt
Marketing description
This offering features a ±6,912 square foot single-story, stand-alone medical building currently built out as an Ambulatory Surgery Center. The property is 100% occupied by a single tenant and includes modern medical finishes, ample parking, and efficient layout for surgical or clinical use.
Strategically located off Six Forks Road and Wake Forest Road in Midtown Raleigh, the building sits just south of I-440 and minutes from North Hills — offering excellent accessibility to major healthcare systems and a dense patient base. This is an ideal opportunity for investors seeking a high-demand healthcare asset in one of Raleigh’s most established medical corridors.
Investment highlights
- Address: 3613 Haworth Dr Raleigh, NC 27609
- Building Size: 6,912 SF
- Acreage: 33,333 SF (0.88 Acres)
- Year Built/Renovated: 1968/2013
- NOI: $253,126
- Sales Price: $3,640,000
- Cap Rate: 6.95%
- Tenant: Her Choice Health, LLC
- Lease type: NN
- Guaranty: Bull City Partners, LLC - 12-Month Rolling Guaranty
- Options: (2) 5-Year Options at Market Rate Advance notice of 365 days required
- Lease Commencement Date: August 1, 2025
- Lease Expiration Date: July 31, 2035
Listing Contacts
Listed by Lee & Associates - Raleigh Durham
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Loan Amount
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Annual Debt Service
$--
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Annual Cash Flow
$245,754.00
$20,479.50/mo
Valuation Metrics
0
DSCR
6.75%
Cap Rate
6.75%
ROI
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