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112 Kinderton Blvd 4,953 SF Medical Condo Unit Offered at $1,735,000 in Advance, NC 27006
Investment Highlights
- Fully leased to Digestive Health Specialists under net lease through 2029
- Limited Landlord responsibilities; ideal for passive investors
- Accredited ambulatory surgery center with CMS and AAAHC approvals
Executive Summary
A North Carolina Licensed Endoscopy Center (ASC License#AS0144 & AS0139) available for purchase by an investor seeking a strong, sticky tenant at an above market yield. This condominium is occupied by Digestive Health Specialists under an original 20-year absolute net lease that expires summer of 2029. Digestive Health Specialists has been serving the Piedmont since 1978 and currently has 5 locations staffed by 17 Physicians and 8 PA's. North Carolina is a Certificate of Need State.
Property Facts
| Total Building Size | 4,953 SF | Typical Floor Size | 4,953 SF |
| Property Type | Office (Condo) | Year Built | 2007 |
| Property Subtype | Medical | Tenancy | Single |
| Building Class | B | Lot Size | 2.93 AC |
| Floors | 1 | ||
| Zoning | Commercial | ||
| Total Building Size | 4,953 SF |
| Property Type | Office (Condo) |
| Property Subtype | Medical |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 4,953 SF |
| Year Built | 2007 |
| Tenancy | Single |
| Lot Size | 2.93 AC |
| Zoning | Commercial |
Amenities
- 24 Hour Access
- Kitchen
- Reception
- Central Heating
- Natural Light
- Partitioned Offices
- Air Conditioning
1 Unit Available
Unit 100
| Unit Size | 4,953 SF | Sale Type | Investment |
| Price | $1,735,000 | Cap Rate | 8.00% |
| Price Per SF | $350.29 | NOI | $138,739 |
| Condo Use | Medical |
| Unit Size | 4,953 SF |
| Price | $1,735,000 |
| Price Per SF | $350.29 |
| Condo Use | Medical |
| Sale Type | Investment |
| Cap Rate | 8.00% |
| NOI | $138,739 |
Major Tenant Information
| TENANT | SF Occupied | LEASE END DATE |
|---|---|---|
| Digestive Health Specialists P |
-
|
August 2029
|
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112 Kinderton Blvd
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