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

Talk to the Pros

Headshot

Glen Kunofsky

gkunofsky@nnnpro.com
License: NY: 49KU1129178
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Anthony D'Ambrosia

adambrosia@nnnpro.com
License: NY: 10401294012

Broker of Record

Brian Brockman

Bang Realty-North Carolina, Inc
License: 298998
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.