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107 Weeks Dr 8,667 SF 100% Leased Retail Building Roxboro, NC 27573 $1,895,000 ($218.65/SF) 8% Cap Rate
Executive Summary
RCR is pleased to present a rare medical office investment opportunity in the growing market of Roxboro, North Carolina. This single-story, freestanding medical office building is fully leased and anchored by a national diagnostics company and well-known regional primary and urgent care provider. With strong tenancy, a strategic location, ample parking, and an increasing local population, this investment represents an exceptional opportunity to acquire medical real estate which continues to be a highly sought after recession-resistant asset class.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,667 SF
Building Class
B
Year Built/Renovated
1998/2018
Price
$1,895,000
Price Per SF
$218.65
Cap Rate
8%
NOI
$151,580
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
1.39 AC
Zoning
B - Business
Parking
62 Spaces (7.15 Spaces per 1,000 SF Leased)
Frontage
76’ on Weeks Dr
Amenities
- Pylon Sign
- Signage
Nearby Major Retailers
Property Taxes
| Parcel Number | 96-41 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,427,202 |
Property Taxes
Parcel Number
96-41
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,427,202
Contacts
-
Dylan Heafner, CCIM, SIOR -
Sam DiFranco CCIM, SIOR -
Conley Moretz -
Rich Commercial Realty
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107 Weeks Dr
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