2001 S Glenburnie Rd
Office | 4,950 SqFt
Marketing description
The Overton Group Capital Advisors is pleased to present the exclusive offering of 2001 S Glenburnie Road, a single-tenant outpatient medical office asset located along New Bern’s primary commercial corridor. The investment aligns with the continued structural migration of healthcare delivery toward outpatient settings, where more than 60% of procedures nationwide now occur outside of hospitals. This shift supports long-term demand for accessible, community-based medical facilities.
The property benefits from demographic tailwinds in Eastern North Carolina, where aging population trends support higher per capita healthcare utilization. Medical office tenancy further enhances income stability due to high relocation friction. Specialized buildout, regulatory requirements, and patient retention considerations create meaningful barriers to moving, contributing to longer average tenant tenure relative to traditional office users.
Positioned along Glenburnie Road, New Bern’s dominant commercial corridor with direct connectivity to US-70, the asset offers strong accessibility and visibility. Importantly, the property offers adaptable medical infrastructure capable of supporting a range of healthcare uses, providing long-term re-tenanting flexibility and downside protection.
Investment highlights
• 4,950 SF single-tenant medical office, currently occupied by Eye Care Center with 7 years remaining on NNN Lease.
• Existing medical infrastructure provides replacement cost buffer
• Offers high-access commercial positioning on Glenburnie Road
• Necessity-based healthcare use is less sensitive to economic cycles
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