Listed by Linville Team Partners
$3,029,000
510 Emergency Drive
Details
Property Type Office
Sub Type Medical Office
Square Footage 13,671
Cap Rate 6.50%
NOI $196,870
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Expiration 07/01/2031
Remaining Term 5
Rent Bumps Yes
Lease Options Two; 5 year extensions
Buildings 1
Acreage 5.230
Medical Office — Atrium Health 5 Year NNN Lease
Marketing description
Located on Atrium Health's Hospital Campus, and sitting on 5.23 acres, this ±13,671 SF NNN Orthopedic Clinic makes for a rare investment opportunity! Atrium has just signed a brand new 5 year lease extension. With this Clinic located across from the Hospital's entrance, it makes this location mission critical for Atrium's orthopaedic services.
Investment highlights
- LOCATION! Within Atrium Health's Campus
- Brand New Atrium 5 year Lease Extension!
- ±13,671 SF Medical Office Building
Listing Contacts
Listed by Linville Team Partners
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$196,869.75
$16,405.81/mo
Valuation Metrics
0
DSCR
6.5%
Cap Rate
6.5%
ROI
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