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29952297
29952308

160 Macgregor Pines Dr, Cary, NC 27511

SD
NC NC 270959
Rich Commercial Realty
CM
NC 350656
Rich Commercial Realty
DH
NC-286149
Rich Commercial Realty
Listed by Rich Commercial Realty
$2,000,000
99 days on market
Updated 7 days ago

MacGregor Medical Center

Details
Property Type Office
Sub Type Medical Office
Square Footage 3,786
Units 1
Cap Rate 6.06%
NOI $121,150
Occupancy 100%
Tenancy Single
Lease Type NNN
Price per SqFt $528
Class A
Year Built 2008
Year Renovated 2020
Buildings 1
Stories 3
Zoning OIP
Investment Type Net Lease
Tenant Credit No Credit Rating
Ownership Fee Simple
Sale Condition Sale for leaseback

Medical Condominium Sale- Leaseback Investment Opportunity

Marketing description

RCR is pleased to present this well-located medical-office sale-leaseback investment opportunity in Cary, North Carolina, one of the Triangle’s most established and highly sought-after submarkets. The property is located within a well-known area off main thoroughfare US-64, with convenient access to US-1, I-40, and the Cary/Apex/RTP corridor. The condominium is located within a 33,354 SF medical office building neighboring a wide mix of restaurants, retail, and residential developments. The opportunity allows an investor to acquire a stabilized medical office asset with a long term, established tenant in place while maintaining limited landlord responsibilities. Cary’s strong demographics, proximity to major employment centers, and continued demand for office and medical office space support long-term value and tenant durability, making this an

attractive investment in a core Triangle location.

Address: 160 Macgregor Pines Drive, Suite 310A Cary, NC 27511

Investment highlights

  • Long Term Lease
  • NNN Structure
  • Annual Escalations
  • Minimal Landlord Responsibilities
  • Updated Modern Medical Suite

Listing Contacts

SD
NC NC 270959
Rich Commercial Realty
CM
NC 350656
Rich Commercial Realty
DH
NC-286149
Rich Commercial Realty
Listed by Rich Commercial Realty

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$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$121,150.00
$10,095.83/mo

Valuation Metrics

0
DSCR
6.06%
Cap Rate
6.06%
ROI

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Additional Information

Name
Sam DiFranco Jr
License
NC 270959
Brokerage Phone
919-604-2137
Name
Conley Moretz
License
350656
Brokerage
Rich Commercial Realty
Brokerage Phone
7578171348
Title
Vice President
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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