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Central Piedmont Surgery Center 724 Thomas St 8,160 SF Office Building Asheboro, NC 27203 $2,700,000 ($330.88/SF) 5.77% Cap Rate
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
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
8,160 SF
Building Class
C
Year Built
2011
Price
$2,700,000
Price Per SF
$330.88
Cap Rate
5.77%
NOI
$155,776
Tenancy
Single
Building Height
1 Story
Typical Floor Size
8,160 SF
Building FAR
0.10
Lot Size
1.81 AC
Zoning
OI - Office
Parking
15 Spaces (2.04 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
- Wheelchair Accessible
- Natural Light
- Air Conditioning
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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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Central Piedmont Surgery Center | 724 Thomas St
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