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32801071
32801072

1107 Erwin Road, Dunn, NC 28334

MB
NC 239352
Century 21 Triangle Group Fuquay Varina
Listed by Century 21 Triangle Group Fuquay Varina
$599,000
17 days on market
Updated 14 days ago
Opportunity zone

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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Listing Contacts

MB
NC 239352
Century 21 Triangle Group Fuquay Varina
Listed by Century 21 Triangle Group Fuquay Varina

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Additional Information

Name
MJ Bartlett
License
239352
Brokerage
Mary Jane Bartlett
Brokerage Phone
910-890-0353
Title
Real Estate Broker
Brokerage Address
407 North Judd Parkway Northeast
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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