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1915 K M Wicker Memorial Dr
Sanford, NC 27330
2-Tenant MOB | Hospital Adj | Duke Lifepoint · Office Property For Sale
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, new metal roof, and expanded parking lot in recent years
- Below Replacement Cost: Priced at $174 per square foot, the asset offers a compelling value proposition
- Tenant Affiliation: 47% of the GLA is occupied by the Duke LifePoint affiliated tenant known as Central Carolina Sports & Orthopedic Medicine
Property Facts
Property Type
Office
Property Subtype
Building Size
6,076 SF
Building Class
B
Year Built
1999
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,038 SF
Building FAR
0.21
Lot Size
0.66 AC
Zoning
OI
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
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