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Central Carolina Sports & Orthopedic Medicine 1915 K M Wicker Memorial Dr 6,076 SF 100% Leased Office Building Sanford, NC 27330 $1,060,983 ($174.62/SF) 7.25% Cap Rate

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INVESTMENT HIGHLIGHTS

Favorable Asset Class: Medical office properties historically exhibit strong tenant retention, above-average rental rates, and durable appreciation
Recent Capital Improvements: Comprehensive HVAC replacement completed within the past three years

Below Replacement Cost: Priced at $174 per square foot, the asset offers a compelling value proposition

EXECUTIVE SUMMARY

Broker of Record
Kyle Matthews
License # C38369 (NC)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203

PROPERTY FACTS

Sale Type

Investment

Property Type

Office

Property Subtype

Medical

Building Size

6,076 SF

Building Class

Year Built

1999

Price

$1,060,983

Price Per SF

$174.62

Cap Rate

7.25%

NOI

$76,921

Percent Leased

100%

Building Height

2 Stories

Typical Floor Size

3,038 SF

Building FAR

0.21

Lot Size

0.66 AC

Zoning

MAJOR TENANTS

Health Care and Social Assistance
-
-
-

About Central Carolina Ear, Nose and Throat Welcome Welcome to Central Carolina Ear, Nose and Throat. Our board certified physicians are here to provide Central North Carolina and the Triangle with sinus care, head and neck surgery, allergy treatment, pediatric ENT, and full audiology services. The History and Background of Central Carolina Ear Nose & Throat Dr. WIlliam C. LeLiever opened Central Carolina Ear, Nose, and Throat (CCENT) in January 1987 at 1911 KM Wicker Drive. Audiologist, Ellen Wilson, and billing specialist, Cindy Kane, joined him the following year. The opening of this practice was significant as the first long-term ENT patient facility in the Sanford/Lee County area. Previous ENTs to the area (Dr. Sowers, Dr. Anderson, Dr. Silver) stayed only a short time. Prior to that, patients had to travel to Raleigh, Chapel Hill, Durham, or Fayetteville to receive their care. Ear Nose and Throat Specialist Sanford North Carolina CCENT’s primary focus in the beginning was as

TENANT	INDUSTRY	SF OCCUPIED	RENT/SF			LEASE END
	Health Care and Social Assistance	-	-			-

PROPERTY TAXES

Parcel Number	9642-35-2557-00	Improvements Assessment	$880,300
Land Assessment	$56,600	Total Assessment	$936,900

PROPERTY TAXES

Parcel Number

9642-35-2557-00

Land Assessment

$56,600

Improvements Assessment

$880,300

Total Assessment

$936,900

(843) 252-5911

CONTACTS

Ryan Burke
Michael Moreno
Rahul Chhajed
Matthews Real Estate Investment Services

Listing ID: 38905038
Date on Market: 12/26/2025
Last Updated:
Address: 1915 K M Wicker Memorial Dr, Sanford, NC 27330

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