795 Us Highway 64 E

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795 Us Highway 64 E

Plymouth, NC 27962
Asking Price
$1.14M
Cap Rate
6.55%
Asset Type
Medical Office Office
Class
Class B

What's Special

Renovated Single-Tenant Medical Office | 10-Year Lease (2022) | 2% Annual Escalations | Eastern NC <ul><li>​<strong>​10-Year NNN Lease (2022)</strong> - Healthcare tenant locked through 2032 with 2% annual rent bumps built in</li><li>​<strong>​$74,388 NOI | 6.55% Cap Rate</strong> - Immediate, stabilized income with zero management burden</li><li>​<strong>​Purpose-Built Medical Buildout </strong>- Exam rooms, nurse's station, breakroom; high tenant replacement cost</li><li>​<strong>​US-64 Frontage | 13,500+ AADT</strong> - Prime highway visibility in eastern NC's main healthcare corridor</li>

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NOI
$80,000
Cap Rate
7.04%
DSCR
1.19
Tight
Cash-on-Cash
3.69%
Monthly Payment
$5,619.675
Annual Cash Flow
$12,563.901

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