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Single-Tenant Office Medical

Novant Health Carolina Surgical

2104 Randolph Rd, Charlotte, NC 28207

Listing Price: $2,488,000

Cap Rate
6.55%
Tenant Name
Novant Health Carolina Surgical
Years Remaining On Lease
7.1
Gross SF
5,432
Guarantor
No Guarantee
Rentable SF
5,432
Price/Gross SF
$458.03
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$30.00

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire the fee simple interest in the medical office property located at 2104 Randolph Road, Charlotte, NC. This single-tenant medical facility is currently occupied by Novant Health Carolina Surgical – Randolph, a leading regional provider of surgical and specialty care. Purpose-built for clinical use, the building offers functional medical infrastructure, prominent street visibility, and ample patient parking. Strategically located in the heart of Charlotte’s thriving medical corridor, the property is surrounded by major health systems including Novant Health Presbyterian Medical Center and Atrium Health Mercy, driving steady referral volume and reinforcing long-term tenant stability.

Charlotte, North Carolina is one of the Southeast’s fastest-growing metropolitan areas, bolstered by a strong healthcare ecosystem, population growth, and economic expansion. The Randolph Road submarket, in particular, benefits from high barriers to entry, a dense concentration of medical providers, and proximity to affluent neighborhoods such as Eastover and Myers Park. With growing demand for outpatient and specialty care services, this offering presents a rare opportunity to acquire a mission-critical medical asset in a core urban location, supported by a nationally recognized tenant and strong long-term healthcare fundamentals.

Investment Highlights

  • Situated in the heart of Charlotte's Midtown submarket, the property is strategically located near major medical centers, including Novant Health Presbyterian Medical Center and Atrium Health Mercy Ho
  • The area boasts a high concentration of medical facilities and practices, indicating a robust demand for medical office space
  • Located on Randolph Road, a major arterial road, the property offers excellent visibility and ease of access for patients and staff.
  • The property is near upscale neighborhoods such as Eastover, Cotswold, and Myers Park, potentially attracting a higher-income patient base.
  • Properties in this area typically offer generous parking options, enhancing convenience for patients and visitors.
  • Given the competitive medical office market in Charlotte, there may be opportunities to upgrade facilities to attract premium tenants and increase rental income.
  • New 7-Year Triple Net (NNN) Lease | Long Historical Occupancy of Strong Medical Practice

Exclusively Listed By

Financing By

Single-Tenant Office Medical

Novant Health Carolina Surgical

Listing Price: $2,488,000

Cap Rate
6.55%
Tenant Name
Novant Health Carolina Surgical
Years Remaining On Lease
7.1
Gross SF
5,432
Guarantor
No Guarantee
Rentable SF
5,432
Price/Gross SF
$458.03
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$30.00

Investment Highlights

  • Situated in the heart of Charlotte's Midtown submarket, the property is strategically located near major medical centers, including Novant Health Presbyterian Medical Center and Atrium Health Mercy Ho
  • The area boasts a high concentration of medical facilities and practices, indicating a robust demand for medical office space
  • Located on Randolph Road, a major arterial road, the property offers excellent visibility and ease of access for patients and staff.
  • The property is near upscale neighborhoods such as Eastover, Cotswold, and Myers Park, potentially attracting a higher-income patient base.
  • Properties in this area typically offer generous parking options, enhancing convenience for patients and visitors.
  • Given the competitive medical office market in Charlotte, there may be opportunities to upgrade facilities to attract premium tenants and increase rental income.
  • New 7-Year Triple Net (NNN) Lease | Long Historical Occupancy of Strong Medical Practice

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire the fee simple interest in the medical office property located at 2104 Randolph Road, Charlotte, NC. This single-tenant medical facility is currently occupied by Novant Health Carolina Surgical – Randolph, a leading regional provider of surgical and specialty care. Purpose-built for clinical use, the building offers functional medical infrastructure, prominent street visibility, and ample patient parking. Strategically located in the heart of Charlotte’s thriving medical corridor, the property is surrounded by major health systems including Novant Health Presbyterian Medical Center and Atrium Health Mercy, driving steady referral volume and reinforcing long-term tenant stability. Charlotte, North Carolina is one of the Southeast’s fastest-growing metropolitan areas, bolstered by a strong healthcare ecosystem, population growth, and economic expansion. The Randolph Road submarket, in particular, benefits from high barriers to entry, a dense concentration of medical providers, and proximity to affluent neighborhoods such as Eastover and Myers Park. With growing demand for outpatient and specialty care services, this offering presents a rare opportunity to acquire a mission-critical medical asset in a core urban location, supported by a nationally recognized tenant and strong long-term healthcare fundamentals.

Exclusively Listed By

Financing By

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