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3911-3943 New Bern Ave - Beacon Plaza 18,100 SF Office/Medical Condo Unit Offered at $2,920,000 in Raleigh, NC 27610
PROPERTY FACTS
| Total Building Size | 127,379 SF | Typical Floor Size | 127,379 SF |
| Property Type | Retail (Condo) | Year Built | 1987 |
| Property Subtype | Freestanding | Lot Size | 140.00 AC |
| Building Class | C | Parking Ratio | 4.71/1,000 SF |
| Floors | 1 | ||
| Zoning | CX-3 | ||
| Total Building Size | 127,379 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Freestanding |
| Building Class | C |
| Floors | 1 |
| Typical Floor Size | 127,379 SF |
| Year Built | 1987 |
| Lot Size | 140.00 AC |
| Parking Ratio | 4.71/1,000 SF |
| Zoning | CX-3 |
AMENITIES
- Bus Line
- Pylon Sign
- Restaurant
- Signage
1 UNIT AVAILABLE
Unit 100
| Unit Size | 18,100 SF | Sale Type | Investment |
| Price | $2,920,000 | Cap Rate | 6.75% |
| Price Per SF | $161.33 | NOI | $197,100 |
| Condo Use | Office/Medical |
| Unit Size | 18,100 SF |
| Price | $2,920,000 |
| Price Per SF | $161.33 |
| Condo Use | Office/Medical |
| Sale Type | Investment |
| Cap Rate | 6.75% |
| NOI | $197,100 |
DESCRIPTION
This offering provides investors the opportunity to acquire a corporately guaranteed, healthcare-anchored asset in a high-demand
medical corridor. The ±18,100 SF dialysis facility is positioned in a densely populated submarket of Raleigh, benefiting from excellent
visibility and accessibility along New Bern Ave. As North Carolina is a Certificate of Need (CON) state, dialysis providers operate under
strict regulatory protections that limit new competition, reinforcing tenant stability and long-term viability.
SALE NOTES
Peranich Huffman Net Lease Group is pleased to exclusively present Fresenius Medical Care, located at 3943 New Bern Avenue, Raleigh,
NC. Fresenius Medical Care operates under a long-term lease that was most recently extended through August 31, 2034. The lease features a corporately guaranteed structure with annual base rent of $197,109 ($10.89/SF) through August 2034. Two (2) additional renewal options
remain, each set at 110% of the preceding term’s rent. The lease is structured as a condo interest within Beacon Plaza, with Fresenius
responsible for its proportionate share of common area expenses per the condominium association’s terms.
NEARBY MAJOR RETAILERS
Presented by
3911-3943 New Bern Ave - Beacon Plaza
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