Cape Fear Valley Health
Fayetteville, NC
Key Details
| Price: | $3,436,026 |
|---|---|
| Cap Rate: | 7.75% |
| Annual Rent: | $266,292 |
| Address: | 1841 Quiet Cove, Fayetteville, North Carolina 28304 |
| Property Type: | Office |
| Lease Type: | Double Net (NN) |
Property Data
| Original Lease Term: | 10 Years |
|---|---|
| Lease Commencement: | 2/2/2018 |
| Lease Expiration: | 2/2/2028 |
| Lease Term Remaining: | 2.9 Years |
| Rental Increases: | 5.00% Every 5 Years |
| Lot Size: | 1.48 Acres |
| Building Size: | 18,786 SF |
| Year Built: | 1991 |
| Year Renovated: | 2018 |
NNN Pro is pleased to present the exclusive listing for a Cape Fear Valley Health located at 1841 Quiet Cove, Fayetteville, North Carolina 28304. The site consists of roughly 18786 rentable square feet of building space on an estimated 1.48-acre parcel of land. This Cape Fear Valley Health is subject to a 10-year Double Net (NN) lease, which commenced 2/2/2018. The current annual rent is $266,292 and has scheduled increases of 5.00% Every 5 Years.
About the Investment
- Attractive Real Estate Fundamentals | Located within a Dense Medical Corridor | Less than a Mile Away from Cape Fear Valley Medical Center
- In the Heart of a Robust Regional Medical Center | Affiliated With and In Short Distance from Cape Fear Valley Medical Center | 585+ Beds
- Robust Demographics | Population Exceeds 310,700 Individuals Within a Ten-Mile Radius
Key Details
| Price: | $3,436,026 |
|---|---|
| Cap Rate: | 7.75% |
| Annual Rent: | $266,292 |
| Address: | 1841 Quiet Cove, Fayetteville, North Carolina 28304 |
| Property Type: | Office |
| Lease Type: | Double Net (NN) |
Property Data
| Original Lease Term: | 10 Years |
|---|---|
| Lease Commencement: | 2/2/2018 |
| Lease Expiration: | 2/2/2028 |
| Lease Term Remaining: | 2.9 Years |
| Rental Increases: | 5.00% Every 5 Years |
| Lot Size: | 1.48 Acres |
| Building Size: | 18,786 SF |
| Year Built: | 1991 |
| Year Renovated: | 2018 |
Talk to the Pros
Glen Kunofsky
gkunofsky@nnnpro.com
License: NY: 49KU1129178
Anthony D'Ambrosia
adambrosia@nnnpro.com
License: NY: 10401294012
Broker of Record
Brian Brockman
Bang Realty-North Carolina, Inc
License: 298998
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This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.