509 Olde Waterford Way
Leland, NC 28451
Waterford Medical Center · Office Property For Sale

Cameron Management, Inc., on behalf of the owner, is pleased to exclusively offer the opportunity to purchase units 302 and 304 of the Waterford Medical Center, located in Leland, NC which is net leased to Carolina Healthcare Associ-ates, Inc. (CHA). CHA is an affiliate of New Hanover Regional Medical Center, the largest healthcare provider in South-eastern North Carolina. Lease Overview Tenant: Carolina Healthcare Associates, Inc. (“CHA”) Premises: 2,686 SF (Units 302 and 304) Lease Expiration: June 29, 2022 Rental Rate: $48,401.71 ($18.02) Options to Extend: Two (2) Options of Five years each at FMV Investment Highlights Excellent Tenant - Carolina Healthcare Associates is a 501c3 non-profit corporation providing healthcare services to the residents of New Hanover County and the surrounding areas. CHA is directly affiliated with New Hanover Regional Medical Center and is part of the Carolinas Physician Network. Carolina Healthcare As-sociates operates under the name of NHRMC Physician Group. According to a latest available filing of IRS Form 990, CHA had total revenues of $155,000,000 for fiscal year ending 2015. Strong Market Area - The subject property serves Leland, NC and northern Brunswick County. Bruns-wick County and the Greater Wilmington region which leads the state of North Carolina in population growth for retirees and serves as regional hub for education, medical care and economic development. Tremendous Location – The Leland based facility is located in the commercial village of Waterford of the Carolinas, a mixed use master planned community in Brunswick County located on Highway 17, a 10-minute drive from Wilmington. The residential component of Waterford consists of nineteen different neighbor-hoods. The retail component of Waterford is anchored by a Harris Teeter supermarket. The Leland area is ex-periencing tremendous residential and retail growth over the past 10-years. Value – This investment sale provides a unique opportunity to acquire a stabilized asset at a compelling value and below replacement costs.