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3060 Hickory Blvd
Hudson, NC 28638
Hopscotch Primary Care | 14Yrs NNN Lease · Office Property For Sale
Investment Highlights
- Long-Term Lease: The property is secured by a long-term lease with approximately 14 years remaining.
- Annual Escalators: The lease structure features strong built-in rental escalations, with an 8% increase in Year 4, and 2.5% annually thereafter.
- Recession-Resistant Asset Class: Medical real estate is a recession-resistant asset class driven by the essential nature of healthcare services.
- Triple Net Lease: The property is secured by a NNN lease, providing investors with a hands-off, low-risk investment.
- Growing Operator: Founded in 2021, Hopscotch Primary Care is rapidly expanding its footprint, now operating 11 clinics serving over 15,000 patients.
- Recent Redevelopment: The property recently underwent renovation in 2024 with ownership investing approximately $1.58MM to improve the property.
Executive Summary
Gerard Hamas
Broker of Record
Broker Lic. No. 362768 (NC)
Firm Lic. No. C42113 (NC)
Broker of Record
Broker Lic. No. 362768 (NC)
Firm Lic. No. C42113 (NC)
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
6,000 SF
Building Class
C
Year Built
1995
Price
$3,867,561
Price Per SF
$644.59
Cap Rate
7.75%
NOI
$299,736
Tenancy
Single
Building Height
1 Story
Typical Floor Size
6,000 SF
Building FAR
0.19
Lot Size
0.71 AC
Zoning
HB
Amenities
- Signage
- Wheelchair Accessible
- Natural Light
- Air Conditioning
Property Taxes
| Parcel Number | 03-91-1-15 | Improvements Assessment | $713,600 |
| Land Assessment | $181,100 | Total Assessment | $894,700 |
Property Taxes
Parcel Number
03-91-1-15
Land Assessment
$181,100
Improvements Assessment
$713,600
Total Assessment
$894,700
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