Office Medical
The Summit
1540 Purdue Dr, Fayetteville, NC 28303
Listing Price: $5,000,000
Investment Overview
Marcus & Millichap is pleased to present medical & health services office property fully leased. The offering consists of 20,871 rentable square feet of 23,971 rentable square feet in total. The offering includes 8 suites, five tenants and one sublet tenant. One condo suite of 3,100 square feet is not included in the offering. The property was built in 2003 and consists of three floors on 1.38 acres. Tenants include Pride Mental Health Services, Cape Fear Physical Medicine, Rehab & Pain Management (orthopedic medicine) & Ivy Weight Loss & Wellness as anchor tenant, Five Points Home Health, Alexander Youth Network (mental health & counseling), Tricare Counseling & Consulting and Movement Mortgage. All tenants are on NNN leases except one.
Exclusively Listed By
Listing Price: $5,000,000
Investment Highlights
- Anchor medical tenant provides a 5 year term with 2.5% annual increases
- Medical & health care tenants with long tenure
- Near Cape Fear Medical Hospital a UNC Health affiliate
- Attractive brick construction on 1.38 acres
- Property offering without one condo unit
Investment Overview
Marcus & Millichap is pleased to present medical & health services office property fully leased. The offering consists of 20,871 rentable square feet of 23,971 rentable square feet in total. The offering includes 8 suites, five tenants and one sublet tenant. One condo suite of 3,100 square feet is not included in the offering. The property was built in 2003 and consists of three floors on 1.38 acres. Tenants include Pride Mental Health Services, Cape Fear Physical Medicine, Rehab & Pain Management (orthopedic medicine) & Ivy Weight Loss & Wellness as anchor tenant, Five Points Home Health, Alexander Youth Network (mental health & counseling), Tricare Counseling & Consulting and Movement Mortgage. All tenants are on NNN leases except one.
Exclusively Listed By
