1001 Innovation Way 6,959 SF Office Building Kinston, NC 28504 $2,235,000 ($321.17/SF) 7.01% Cap Rate

Marcus & Millichap is pleased to present the opportunity to acquire the fee simple interest in the medical office property located at 1001 Innovation Way, Kinston, NC. This single- tenant medical building is 100% occupied by a well-established behavioral health provider, offering immediate and secure in-place income. Purpose-built for medical use, the facility features modern construction, ample parking, and strong visibility within a regional healthcare corridor. The asset is ideally situated near UNC Lenoir Health Care and other key medical facilities, benefiting from consistent referral traffic and long-term demand for outpatient services.
Kinston, North Carolina is a growing community supported by healthcare, education, and advanced manufacturing. The city has received targeted investment in recent years, including healthcare infrastructure improvements and regional workforce development initiatives. As demand for behavioral and outpatient medical services continues to grow nationwide, this property stands out as a resilient investment with a credit-worthy tenant, strategic location, and alignment with long-term demographic and healthcare trends in eastern North Carolina.