

Listed by Century 21 Triangle Group Fuquay Varina
$599,000
1107 Erwin Road
Details
Property Type Special Purpose
Sub Type Other
Square Footage 5,962
Year Built 1941
Acreage 1.920
Special Purpose | 5,962 SqFt
Marketing description
This turnkey investment opportunity in the heart of Dunn's established medical corridor will provide immediate and growing cash flow from day one. Offering includes two buildings plus two outbuildings situated on a combined 1.92 acres across adjacent parcels. A brand new 3-year lease extends through June 2029 plus renewal options. Current rent is $4,500/month with annual 3% escalations. The long-term tenant operates an Adult Day Care and Family Care Home -- stable, need-driven uses -- and pays all utilities plus some maintenance, keeping operating expenses lean for the owner. Contact the listing agent for complete lease terms and documentation. Zoned Office & Institutional within the City of Dunn just around the corner from Betsy Johnson Harnett Health Hospital and numerous medical practices that continue to attract healthcare-related users -- a natural fit for the current tenancy and future demand. For lease terms, financials, and showing inquiries, contact the listing agent.
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Listed by Century 21 Triangle Group Fuquay Varina
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