Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire fee simple interest in the medical office building located at 1904 Jake Alexander Blvd W Building 3, Salisbury, NC 28147. This multi-tenant medical office is 50% leased to Novant Health: Primary Care -Salisbury, a AA-credit rated hospital tenant. The property is strategically situated within a professional office building park, in close proximity to Novant Health Rowan Medical Center (268 beds) and less than 2 miles from Catawba College (approximately 1,200 students). The medical office building offers reliable in-place cash flow with a stable tenant in the essential healthcare industry, providing an attractive opportunity for long-term investors. This opportunity offers very attractive value-add opportunity by extending lease terms and filling the remaining vacancy. Located in Salisbury, North Carolina, the property benefits from the area’s steady population growth and increasing demand for outpatient medical services. Salisbury is part of the Charlotte metro area, one of the fastest-growing regions in the Southeast, with a population exceeding 2.6 million across 10 counties. The region has experienced consistent economic and demographic growth over the past 15 years, driven by its diverse economy and strategic location between the Blue Ridge Mountains and the coastal plains. This property combines a strong tenant, prime location, and exposure to a thriving market, making it an excellent investment opportunity in the healthcare real estate sector.