Fresenius Kidney Care | Carolina Dialysis 76 Old Rock Spring Cem Rd 9,175 SF Retail Building Pittsboro, NC 27312 $3,926,718 ($427.98/SF) 5.75% Cap Rate

Fresenius Kidney Care offers a 15-Year NNN Lease with Three 5-Year renewal options. There’s ±11 years remaining of initial lease term. Landlord responsibilities are limited to roof and structure. The single-tenant 9,175 sqft building built in 2021 sits on a 1.63-acre lot with immediate access to US 15-501 and Hwy 64 (31,500 VPD combined), a major east-west route connecting Pittsboro to Apex and Siler City. Within a 1-mile radius, population growth is projected at 3.4% from 2024-2029 with Chatham County population projected to double over the next 10 years, per NC State University’s Center for Geospatial Analytics Report.
The surrounding Pittsboro area is experiencing exceptional developmental growth – Chatham Park is a massive 8,500-acre master-planned community that will accommodate 27,000 homes and approximately 75,000 residents along with 22MM sqft office, research, retail and community space expected to be completed by 2045. The new Chatham Park Way Connection, an approx. $30MM project with expected completion in 2028, will enhance traffic flow in the area with a new southern roadway that will bypass downtown Pittsboro by linking the US 64 Bypass to US 15-501.
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