1106 Reynolds St | Monroe, NC 28112
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- LoopNet Team
1106 Reynolds St
Monroe, NC 28112
Union Family Physicians · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Rare Single Tenant Hospital Leased MOB | Atrium Health (AA- Credit Rating)
- Tenant Has Occupied This Property for 20+ Years & They Recently Renewed Their Lease
- 0.7 Miles From the 182 Bed Atrium Health Union Hospital
- Attractive 2.5% Annual Increases | 5.89% Cap Rate Over the Remaining Lease Term
- Recent Roof Replacement & Parking Lot Renovation
- Attractive Location Within the Rapidly Growing Charlotte MSA
PROPERTY FACTS
Property Type
Office
Property Subtype
Medical
Building Size
19,502 SF
Building Class
B
Year Built
1997
Tenancy
Single
Building Height
1 Story
Typical Floor Size
19,502 SF
Building FAR
0.16
Lot Size
2.78 AC
Zoning
RO
PROPERTY TAXES
| Parcel Number | 09-197-025-C | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $4,888,300 |
PROPERTY TAXES
Parcel Number
09-197-025-C
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$4,888,300
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