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Single-Tenant Office Medical

UNC Physician's Network | Rocky Mount Urology Associates

180 Foy Dr, Rocky Mount, NC 27804

Listing Price: $1,750,000

Cap Rate
8.56%
Tenant Name
UNC Physicians Network
Years Remaining On Lease
2.4
Gross SF
9,693
Guarantor
No Guarantee
Rentable SF
9,693
Price/Gross SF
$180.54
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$15.46

Investment Overview

Marcus & Millichap is pleased to present the fee simple interest in the single tenant
medical office located at 180 Foy Drive, Rocky Mount, NC 27804. This property is home to
Rocky Mount Urology Associates, dba UNC Physicians Network LLC, a well-established,
four-physician practice that has been providing high-quality care to the Rocky Mount
community since 1970. This property benefits from its strategic location less than two
miles from UNC Nash General Hospital, the largest medical facility in Nash County, which
operates with 282 beds. The proximity to such a significant healthcare institution
enhances the property's appeal and long-term stability.
Rocky Mount, NC, is a growing city in northeastern North Carolina, located along major
routes like I-95 and U.S. Route 64, providing easy access to Raleigh and the Research
Triangle. Historically driven by manufacturing and agriculture, the city’s economy has
diversified with growth in healthcare, education, and services. Its strategic location and
infrastructure improvements have attracted new businesses and fostered job growth.
The city has also revitalized its downtown, with developments like Rocky Mount Mills, a
mixed-use project featuring housing, dining, and offices. With a strong sense of
community and ample recreational spaces, Rocky Mount is increasingly attractive for both
residents and investors, particularly in real estate and healthcare.

Investment Highlights

  • Single-Tenant Medical Office Fully Leased to UNC Physicians Network LLC | Fully Clinical Buildout | AAA Credit Rated Tenant
  • Strategically Located Less than 2.0 Miles from UNC Nash General Hospital (280-Beds)
  • NNN Lease | Minimal Landlord Responsibilities
  • New Roof Installed in 2013 (7-Year Warranty Remains)
  • Long Historical Occupancy by Rocky Mount Urology Associates

Exclusively Listed By

Single-Tenant Office Medical

UNC Physician's Network | Rocky Mount Urology Associates

Listing Price: $1,750,000

Cap Rate
8.56%
Tenant Name
UNC Physicians Network
Years Remaining On Lease
2.4
Gross SF
9,693
Guarantor
No Guarantee
Rentable SF
9,693
Price/Gross SF
$180.54
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$15.46

Investment Highlights

  • Single-Tenant Medical Office Fully Leased to UNC Physicians Network LLC | Fully Clinical Buildout | AAA Credit Rated Tenant
  • Strategically Located Less than 2.0 Miles from UNC Nash General Hospital (280-Beds)
  • NNN Lease | Minimal Landlord Responsibilities
  • New Roof Installed in 2013 (7-Year Warranty Remains)
  • Long Historical Occupancy by Rocky Mount Urology Associates

Investment Overview

Marcus & Millichap is pleased to present the fee simple interest in the single tenant medical office located at 180 Foy Drive, Rocky Mount, NC 27804. This property is home to Rocky Mount Urology Associates, dba UNC Physicians Network LLC, a well-established, four-physician practice that has been providing high-quality care to the Rocky Mount community since 1970. This property benefits from its strategic location less than two miles from UNC Nash General Hospital, the largest medical facility in Nash County, which operates with 282 beds. The proximity to such a significant healthcare institution enhances the property's appeal and long-term stability. Rocky Mount, NC, is a growing city in northeastern North Carolina, located along major routes like I-95 and U.S. Route 64, providing easy access to Raleigh and the Research Triangle. Historically driven by manufacturing and agriculture, the city’s economy has diversified with growth in healthcare, education, and services. Its strategic location and infrastructure improvements have attracted new businesses and fostered job growth. The city has also revitalized its downtown, with developments like Rocky Mount Mills, a mixed-use project featuring housing, dining, and offices. With a strong sense of community and ample recreational spaces, Rocky Mount is increasingly attractive for both residents and investors, particularly in real estate and healthcare.

Exclusively Listed By

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