Listed by G/M PROPERTY GROUP LLC
$6,500,000
Haywood Office Park
Details
Property Type Office
Sub Type Medical Office, Traditional Office
Square Footage 38,421
Cap Rate 7.00%
Occupancy 100%
Tenancy Multi
Lease Type Net
Price per SqFt $169
Class A
Investment Type Institutional
Regional Medical Office Park (Asheville MSA)
Marketing description
100% leased and occupied +/-38,500SF medical office park.
Institutional tenancy including Duke Lifepoint, LHC Group, Emerge Ortho and the State of North Carolina.
Centrally located in western North Carolina (Asheville MSA). Approximately 1.5 miles from Haywood Regional Hospital
Approximately $1.3 million spent over the last five (5) years on building and site upgrades along with tenant unfits and improvements
Investment highlights
Medium to long term leases in place
Institutional tenancy
$1.3 million spent in site and tenant improvements over the last six years
Onsite maintenance person / Limited landlord responsibility
No deferred maintenance
Listing Contacts
Listed by G/M PROPERTY GROUP LLC
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