Investment Overview

Great investment opportunity for a fully leased, value-add, medical office in Monroe, NC. Two brand new, 5-year leases with 3% yearly increases with multiple extension options, one of which is a corporate guarantee. The third lease provides a big value-add opportunity with the ability to raise rent to market rent and increase cash flow in twelve months. This would also be a great opportunity for an owner user looking for a new location for their medical or business practice. The property is strategically located in an existing medical park directly across Hwy 74 from Atrium Hospital. The property is also located in an Opportunity zone providing tax incentives for qualified investors. The building has been recently upfitted and renovated in 2024. Three suites with 6,524 SF total. Between the strategic location in a successful medical park, the strong value-add opportunity and tax incentives of the opportunity zone, this is an ideal opportunity for an investor or owner-user.