This Office Property is no longer advertised on LoopNet.com.

324 Person St
Fayetteville, NC 28301
Office Property For Sale

Property Facts

Property Type
Office
Property Subtype
Medical
Building Size
13,600 SF
Building Class
B
Year Built
1972
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
13,600 SF
Building FAR
0.15
Lot Size
2.10 AC
Zoning
C2P
Parking
35 Spaces (2.12 Spaces per 1,000 SF Leased)

Amenities

  • Bus Line
  • Signage

About 324 PERSON ST , FAYETTEVILLE, NC 28301

THE OFFERING Trinity Partners is pleased to offer for sale to qualified investors, the opportunity to acquire a 13,600 square foot 100% leased medical office building and one vacant 7,250 square foot warehouse located on the same parcel in the emerging market of Fayetteville, North Carolina. The investment features a net-lease structure with Carolina Outreach who was recently acquired by ncgCARE (a national, $150+ million-dollar company). Carolina Outreach has a 16+ year operating history with 10 offices across the state of North Carolina, nearly 400 employees, and is recognized as the #1 leader in behavioral health service in the state. The warehouse, which has its own ingress/egress, includes three over-sized drive-in doors and provides an investor with great opportunity for redevelopment. INVESTMENT HIGHLIGHTS • NNN, lease structure, • National credit tenancy, • Brand new design-built facility, • Market leader in specialty medical, • High barrier to entry, • Fee simple interest INVESTMENT SUMMARY RENTABLE AREA: 20,850 SF (includes vacant 7,250 SF warehouse) PROPERTIES: One stand-alone medical office building and one warehouse building % LEASED: 100% (medical office) TENANT: Carolina Outreach (recently acquired by ncgCARE) LEASE TERM REMAINING: ± 4.5 years NOI: $190,493 SALE PRICE: $2,190,000 CAP RATE: 8.7%

Property Taxes

Property Taxes

Parcel Number
0437-73-7212
Land Assessment
$199,143
Improvements Assessment
$1,310,938
Total Assessment
$1,510,081
  • Listing ID: 17724139

  • Date on Market: 11/14/2019

  • Last Updated:

  • Address: 324 Person St, Fayetteville, NC 28301

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}