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CATAWBA VALLEY HEALTH 1940 Briarwood Dr 5,513 SF Office Building Hickory, NC 28602 $1,200,000 ($217.67/SF) 7.25% Cap Rate
INVESTMENT HIGHLIGHTS
- 7-Year NNN
- 2.5% annual increases
- Near CVHS's main hospital
- Additional info available upon request
EXECUTIVE SUMMARY
7-Year NNN Catawba Valley Health Family Medicine clinic located near CVHS’s main hospital in Hickory, North Carolina. This ±5,513 SF building has 2.5% annual increases and is a fantastic investment opportunity. Additional information available upon request.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Building Size
5,513 SF
Building Class
B
Year Built
1984
Price
$1,200,000
Price Per SF
$217.67
Cap Rate
7.25%
NOI
$87,000
Tenancy
Single
Building Height
1 Story
Typical Floor Size
5,513 SF
Building FAR
0.13
Lot Size
1.01 AC
Zoning
O-I - Office
Parking
38 Spaces (6.89 Spaces per 1,000 SF Leased)
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Catawba Valley Health
- Health Care and Social Assistance
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Catawba Valley Health | Health Care and Social Assistance | - | - | - |
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PROPERTY TAXES
| Parcel Number | 2791196234430000 | Improvements Assessment | $366,200 |
| Land Assessment | $88,000 | Total Assessment | $454,200 |
PROPERTY TAXES
Parcel Number
2791196234430000
Land Assessment
$88,000
Improvements Assessment
$366,200
Total Assessment
$454,200
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CATAWBA VALLEY HEALTH | 1940 Briarwood Dr
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