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280 Broad St 5,636 SF Medical Condo Unit Offered at $2,260,000 in Kernersville, NC 27284
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.
1 Unit Available
Unit F
| Unit Size | 5,636 SF | Sale Type | Investment |
| Price | $2,260,000 | Cap Rate | 8.00% |
| Price Per SF | $400.99 | NOI | $180,818 |
| Condo Use | Medical |
| Unit Size | 5,636 SF |
| Price | $2,260,000 |
| Price Per SF | $400.99 |
| Condo Use | Medical |
| Sale Type | Investment |
| Cap Rate | 8.00% |
| NOI | $180,818 |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 20,000 SF | Typical Floor Size | 20,000 SF |
| Property Type | Office (Condo) | Year Built | 1989 |
| Property Subtype | Medical | Lot Size | 4.00 AC |
| Building Class | C | Parking Ratio | 5.23/1,000 SF |
| Floors | 1 | ||
| Zoning | GO-S | ||
| Total Building Size | 20,000 SF |
| Property Type | Office (Condo) |
| Property Subtype | Medical |
| Building Class | C |
| Floors | 1 |
| Typical Floor Size | 20,000 SF |
| Year Built | 1989 |
| Lot Size | 4.00 AC |
| Parking Ratio | 5.23/1,000 SF |
| Zoning | GO-S |
Amenities
- Signage
1 1
Fairly walkable
50/100
Very drivable
80/100
Somewhat bikeable
30/100
Major Tenant Information
| TENANT | SF Occupied | LEASE END DATE |
|---|---|---|
| Digestive Health Specialist Pa |
-
|
June 2029
|
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280 Broad St
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