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724 Thomas St - Central Piedmont Surgery Center 7,341 SF Health Care Building Offered at $2,700,000 at a 5.77% Cap Rate in Asheboro, NC 27203
INVESTMENT HIGHLIGHTS
- Leased to Moses H. Cone Memorial Hospital through 2027
- In-place income with potential for future owner occupancy
- No renewal options remaining, offering repositioning potential
- Medicare Certified ASC with oncology services in place
- Strategic location serving Randolph County’s cancer care needs
- Ideal for investors or healthcare owner-users
EXECUTIVE SUMMARY
This Medicare Certified Ambulatory Surgery Center (ASC) is leased to The Moses H. Cone Memorial Hospital through December 31, 2027. Moses Cone provides comprehensive cancer care to Randolph County at this facility. Services include chemotherapy, infusion services, and injection treatments. The Hospital has occupied this ASC since 2021, with no remaining renewal options. Moses Cone’s plans for this facility beyond December 31, 2027, are unknown at this time. This ASC may be purchased as an investment property, with in-place income or a future owner-occupied facility.
PROPERTY FACTS
| Price | $2,700,000 | Lot Size | 1.81 AC |
| Price Per Bed | $300,000 | Building Size | 7,341 SF |
| Sale Type | Investment or Owner User | No. Beds | 9 |
| Cap Rate | 5.77% | No. Stories | 1 |
| Property Type | Health Care | Year Built | 2011 |
| Property Subtype | Hospital | Tenancy | Single |
| Building Class | C | Parking Ratio | 2.04/1,000 SF |
| Zoning | OI - Office | ||
| Price | $2,700,000 |
| Price Per Bed | $300,000 |
| Sale Type | Investment or Owner User |
| Cap Rate | 5.77% |
| Property Type | Health Care |
| Property Subtype | Hospital |
| Building Class | C |
| Lot Size | 1.81 AC |
| Building Size | 7,341 SF |
| No. Beds | 9 |
| No. Stories | 1 |
| Year Built | 2011 |
| Tenancy | Single |
| Parking Ratio | 2.04/1,000 SF |
| Zoning | OI - Office |
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PROPERTY TAXES
| Parcel Number | 7761-41-2301 | Improvements Assessment | $1,552,050 |
| Land Assessment | $189,610 | Total Assessment | $1,741,660 |
PROPERTY TAXES
Parcel Number
7761-41-2301
Land Assessment
$189,610
Improvements Assessment
$1,552,050
Total Assessment
$1,741,660
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724 Thomas St - Central Piedmont Surgery Center
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