Listed by Linville Team Partners
$1,492,075
Cape Fear Valley Health
Details
Property Type Office
Sub Type Medical Office
Cap Rate 8%
NOI $119,366
Occupancy 100%
Lease Type NNN
Lease Expiration 05/01/2033
Remaining Term 6.9
Rent Bumps Yes
Buildings 1
Stories 1
Medical Office | 8.00% CAP
Marketing description
7.5 year NNN Cape Fear Valley Health Internal Medicine, located in Erwin, NC. This ±6,111 SF medical building is newly renovated and has 2% annual increases. Only landlord responsibilities are roof, structure, and parking lot (tenant responsible for HVAC repair and replacement).
Listing Contacts
Listed by Linville Team Partners
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$119,366.00
$9,947.17/mo
Valuation Metrics
0
DSCR
8%
Cap Rate
8%
ROI
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