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1070 S Main St
Holly Springs, NC 27540
Office Property For Sale

EXECUTIVE SUMMARY

For Sale or Lease: Medical Office Space 1070 S Main Street, Holly Springs, North Carolina **Sale:** - Purchase Price: $319 per Sq. Ft. Plus $3.50 TICAM - First Floor: 3,062 Sq. Ft. at $325 per sq. ft. (Premium Spot) for Cold Dark Shell Condition Plus a 9.8% Core Factor, Plus $3.50 TICAM. Lease $30 per Sq. Ft. Plus $3.50 TICAM - Remaining 10,222 Sq. Ft. on the First Floor is $300 per sq. ft. for Cold Dark Shell Plus a 9.8% Core Factor and $3.50 TICAM. Lease at $30 per Sq. Ft. Plus $3.50 TICAM - Second Floor: 2,907 Sq. Ft. at $319 per Sq. Ft. Cold Dark Shell Plus a 9.8% Core Factor. Lease at $28 per Sq. Ft. Plus $3.50 TICAM - Second Floor: 9,000 Sq. Ft. at $319 per Sq. Ft. Cold Dark Shell Plus a 9.8% Core Factor. Lease at $28 per Sq. Ft. Plus $3.50 TICAM **Landlord Improvement Allowance:** $60 for a 7 Year Lease Commitment Holly Springs, North Carolina, has seen rapid growth, transforming into a vibrant community known for quality living, top-notch schools, and proximity to key areas like RTP, Cary, Apex, Raleigh, Durham, and R.D.U. Airport. The town has become a magnet for families and businesses alike. The surge in population has led to increased demand for medical services, prompting the expansion of healthcare facilities. Notable medical entities in or near Holly Springs include: - U.N.C. Rex Healthcare: Offering a range of medical services and specialties. - WakeMed Health & Hospitals: Operating various facilities in Wake County, providing comprehensive healthcare, including emergency care and primary services. - Duke Health: Known for expertise across multiple medical fields, with facilities close to Holly Springs. - Various specialized private practices and clinics catering to specific medical needs. With 12,000 Sq. Ft. out of the 48,000 Sq. Ft. Building already purchased, this medical office building presents an encouraging sign of demand. The remaining 36,000 sq. ft. offers an excellent opportunity for healthcare providers or office users aiming to establish or expand within Holly Springs' thriving community. Its proximity to existing medical facilities and the town's upward trajectory make this property an appealing investment or leasing prospect. Joining a flourishing medical/office community can foster collaborations and referrals among practices, benefitting patients and businesses in the area.

PROPERTY FACTS

Property Type Office
Property Subtype Medical
Building Class B
Lot Size 3.54 AC
Rentable Building Area 48,000 SF
No. Stories 2
Year Built 2024
Parking Ratio 5/1,000 SF
APN / Parcel ID 0648.12-86-1024-000
Zoning CB - Commercial Business

AMENITIES

  • 24 Hour Access
  • Signage
  • Wheelchair Accessible
  • Fiber Optic Internet
  • Listing ID: 30400906

  • Date on Market: 12/19/2023

  • Last Updated:

  • Address: 1070 S Main St, Holly Springs, NC 27540

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