105 Michael Martin Rd | Mount Olive, NC 28365
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- LoopNet Team
105 Michael Martin Rd
Mount Olive, NC 28365
STNL DaVita; Corporate Guaranteed Lease · Office Property For Sale
INVESTMENT HIGHLIGHTS
- 7+ Years Remaining on Primary Term; Hedge Against Inflation; 10% Rental Increase Every 5 Years; Upcoming Rent Increase 2026
- Located Within a Certificate of Need State for Kidney Dialysis Treatment Centers; Operating 6 days a week with 17 Dialysis Stations
- Zero Competition and Barriers to Entry; The Only Dialysis Center in 15 Mile Radius
- Corporate Guaranty by Publicly Traded Company (NYSE: DVA); $12B+ in Revenue (2023)
- NNN Lease; Minimal Landlord Responsibilities; Tenant Responsible for Taxes, Insurance, Parking Lot, CAM, and HVAC
- Surrounded by National Retailers such as Food Lion, Hibbett Sports, Advanced Auto Parts, AutoZone, and Walmart
PROPERTY FACTS
Property Type
Office
Property Subtype
Medical
Building Size
7,307 SF
Building Class
C
Year Built/Renovated
1994/2016
Tenancy
Single
Building Height
1 Story
Typical Floor Size
7,307 SF
Building FAR
0.16
Lot Size
1.02 AC
AMENITIES
- Air Conditioning
1 of 1
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