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Single-Tenant Office Medical

Eastern Carolina Women's Center

801 McCarthy Blvd, New Bern, NC 28562

Listing Price: $6,530,000

Cap Rate
5.95%
Tenant Name
Eastern Carolina Women's Center
Years Remaining On Lease
9.6
Gross SF
20,510
Guarantor
Corporate Guarantee
Rentable SF
20,510
Price/Gross SF
$318.38
Lease Type
Absolute Net
Rent Per Square Feet
$18.95

Investment Overview

Marcus & Millichap is pleased to present the Eastern Carolina Women's Center building, a single tenant absolute NNN medical office building with 9+ years remaining on the lease. The subject property is a 20,510 SF women's health clinic, that recently underwent a complete interior renovation (paid for by the tenant).

Investment Highlights

  • 9+ Years of Absolute NNN Lease Term Remaining
  • 2% Per Year Rent Increases
  • 6.48% Avg. Cap Rate
  • An Interior Renovation was Recently Completed
  • Largest OB/GYN Practice in the Area
  • Tenant has Been in Business for 30+ Years

Exclusively Listed By

Single-Tenant Office Medical

Eastern Carolina Women's Center

Listing Price: $6,530,000

Cap Rate
5.95%
Tenant Name
Eastern Carolina Women's Center
Years Remaining On Lease
9.6
Gross SF
20,510
Guarantor
Corporate Guarantee
Rentable SF
20,510
Price/Gross SF
$318.38
Lease Type
Absolute Net
Rent Per Square Feet
$18.95

Investment Highlights

  • 9+ Years of Absolute NNN Lease Term Remaining
  • 2% Per Year Rent Increases
  • 6.48% Avg. Cap Rate
  • An Interior Renovation was Recently Completed
  • Largest OB/GYN Practice in the Area
  • Tenant has Been in Business for 30+ Years

Investment Overview

Marcus & Millichap is pleased to present the Eastern Carolina Women's Center building, a single tenant absolute NNN medical office building with 9+ years remaining on the lease. The subject property is a 20,510 SF women's health clinic, that recently underwent a complete interior renovation (paid for by the tenant).

Exclusively Listed By

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