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28195586
29204132

2201 Old NC 86 HWY, Hillsboro, NC 27278

DH
NC NC 288268
Atlantic Capital Partners
BO
NC NC 315015
Atlantic Capital Partners
JG
139276, CA 02008809
Atlantic Capital Partners
Listed by Atlantic Capital Partners
$2,275,000
188 days on market
Updated 89 days ago

UNC Health Medical Facility | Raleigh, NC MSA

Details
Property Type Office, Retail
Sub Type Medical Office, Pharmacy/Drug (+1)
Square Footage 5,470
Net Rentable (SqFt) 5,470
Cap Rate 6.33%
NOI $144,000
Occupancy 100%
Tenancy Single
Brand/Tenant UNC Health
Lease Type NN
Lease Term 20
Lease Expiration 04/30/2028
Remaining Term 1.8
Rent Bumps Yes
Lease Options 2 options at FMV
Price per SqFt $439
Broker Co-Op Yes
Year Built 2007
Acreage 1.070
Investment Type Net Lease
Tenant Credit Franchisee
Lease Commencement 05/01/2008
Ownership Fee Simple

6.33% CAP | MEDICAL NET LEASE

Investment highlights

INSTITUTIONAL MEDICAL TENANT

  • UNC Health Care is a leading, not for-profit integrated health system owned by the State of North Carolina

  • Backed by University of North Carolina Hospitals at Chapel Hill

  • Systemwide operations include 15 hospitals and over 900 outpatient clinics statewide

AFFLUENT SURROUNDING DEMOGRAPHICS

  • Hillsborough benefits from high household incomes and strong homeownership

  • 3-mile AHHI exceeds $145K

  • Stable professional base anchored by UNC, Duke, and Research Triangle Park employment centers

STRATEGIC MEDICAL CORRIDOR LOCATION

  • Positioned along Old NC 86 Hwy near I-85 & I-40

  • Minutes from UNC Health Hillsborough Campus and less than 15 miles from UNC Medical Center in Chapel Hill

  • Serves as a key access point for patients from Hillsborough, Durham, and Mebane markets

PROXIMITY TO MAJOR GROWTH & REDEVELOPMENT

  • Located within the rapidly expanding Orange County corridor experiencing strong healthcare, residential, and mixed-use development

  • Nearby projects include the Collins Ridge master-planned community (1,200+ homes) and UNC Health’s recent medical campus expansion

TRIANGLE REGION ECONOMIC GROWTH

  • Part of the greater Raleigh-Durham-Chapel Hill MSA, one of the fastest-growing regions in the U.S.

  • The Triangle has added over 300,000 residents in the past decade

  • Continued job expansion in healthcare, technology, and education sectors drives long-term real estate demand

Listing Contacts

DH
NC NC 288268
Atlantic Capital Partners
BO
NC NC 315015
Atlantic Capital Partners
JG
139276, CA 02008809
Atlantic Capital Partners
Listed by Atlantic Capital Partners

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$144,000.00
$12,000.00/mo

Valuation Metrics

0
DSCR
6.33%
Cap Rate
6.33%
ROI

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Additional Information

Name
David Hoppe
License
NC 288268
Name
Ben Olmstead
License
NC 315015
Brokerage
Atlantic Capital Partners
Brokerage Phone
7046515953
Title
Senior Associate
Brokerage Address
4350 Congress Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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