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115 W Nashville Dr
Nashville, NC 27856
Cross River Therapy | 15Yr NNN MOB | 7.5% Cap · Office Property For Sale

Investment Highlights

  • Behavioral Health Clinic- Healthcare Real Estate tends to offer a secure income with a tenant type that is resilient against economic adversity.
  • Ground-level medical offices allow patients who may be elderly, injured, or disabled to access the facility easily.
  • The Rocky Mount, NC market holds solid fundamentals such as a 5.5% vacancy and growing rental rates.
  • This asset provides for a “hands off” investment with a NNN lease, allowing for predictable income safeguarded from increased expenses.
  • A future owner may benefit from the rare 3% rental increases included in this lease, which has become an essential detail as a hedge against inflation
  • National Retail Presence- Various national brands such as Zaxby’s, Dunkin’, McDonald’s, and Circle K are within close proximity to Cross River Therapy

Property Facts

Property Type
Office
Property Subtype
Medical
Building Size
6,300 SF
Building Class
C
Year Built
1999
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
6,300 SF
Building FAR
0.12
Lot Size
1.20 AC
Zoning
General Business
Parking
35 Spaces (5.83 Spaces per 1,000 SF Leased)

Amenities

  • Signage

Property Taxes

Property Taxes

Parcel Number
3801-17-22-3961
Land Assessment
$256,130
Improvements Assessment
$417,570
Total Assessment
$673,700
  • Listing ID: 30359707

  • Date on Market: 12/13/2023

  • Last Updated:

  • Address: 115 W Nashville Dr, Nashville, NC 27856

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