Investment Overview

Marcus & Millichap is pleased to present 102-108 Endo Lane in Hamlet, North Carolina. The two-building medical office portfolio sits on a 3.33-acre plot of land with the option to purchase an additional 10.21 acres. Each building boasts 7,172-rentable-square-feet, and constructed in 2006. Building B (108 Endo) is 100 percent Occupied by First Health of The Carolinas. Building A (102 Endo) is approximately 60 percent occupied by FirstHealth of The Carolinas. All tenants operate under a desirable Double-Net lease structure with minimal landlord responsibilities. Hamlet is an hour and a half outside of Charlotte, North Carolina. Hamlet Avenue, a crossroad of the property, sees over 11,000 vehicles daily. Within proximity of the site is Richmond Country Regional Airport, Walmart, Lowes, various dining options, and a few hotels. Adjacent to the property is the Sandhills Regional Medical Center, currently being used to treat COVID-19 patients. Hamlet is also home to a large CSX Railway station. FirstHealth of the Carolinas, a private, not-for-profit health care network, is headquartered in Pinehurst, NC. Its 5,300 employees serve 15 counties in the mid-Carolinas. Licensed for four hospitals with 610 beds, FirstHealth demonstrates a commitment to treating the whole patient and to providing quality health care for the entire community – especially those in need. The subject property offers investors the opportunity to acquire a stabilized, minimally management intensive asset with potential upside. First Health of the Carolinas has an AA credit rating from Fitch Ratings. Hamlet is an hour and a half outside of Charlotte, North Carolina. Hamlet Avenue, a crossroad of the property, sees over 11,000 vehicles daily. Within proximity of the site is Richmond Country Regional Airport, Walmart, Lowes, various dining options, and a few hotels. Adjacent to the property is the Sandhills Regional Medical Center, currently being used to treat COVID-19 patients. Hamlet is also home to a large CSX Railway station. FirstHealth of the Carolinas, a private, not-for-profit health care network, is headquartered in Pinehurst, NC. Its 5,300 employees serve 15 counties in the mid-Carolinas. Licensed for four hospitals with 610 beds, FirstHealth demonstrates a commitment to treating the whole patient and to providing quality health care for the entire community – especially those in need. The subject property offers investors the opportunity to acquire a stabilized, minimally management intensive asset with potential upside. First Health of the Carolinas has an AA credit rating from Fitch Ratings.