Share This Listing

Message

955 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • Additional Lots Sold Separately (1.23 & 2.00 Acres)
  • Proximity to Hugh Chatham Memorial Hopsital, I-77 & US-421

Executive Summary

Opportunity to own a well-located and well-maintained ±8,221 SF medical building in Elkin, North Carolina. Established, successful pediatric and family medicine practice occupies the building, which is only 2 minutes from Hugh Chatham Memorial Hospital. Peaceful professional office park setting. The property is well-maintained, 5 minutes from I-77 and convenient to US-421. Features a generator and 51 parking spaces. Additional development lots can be purchased separately.
Cap rate of 7.35%

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
8,221 SF
Building Class
B
Year Built/Renovated
2000/2012
Price
$2,836,278 CAD
Price Per SF
$345.00 CAD
Cap Rate
7.35%
NOI
$208,466 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
8,221 SF
Building FAR
0.13
Lot Size
1.40 AC
Zoning
MA
Parking
51 Spaces (6.2 Spaces per 1,000 SF Leased)

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Elkin Pediatric and Adult Medicine
  • Health Care and Social Assistance
  • -
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
Elkin Pediatric and Adult Medicine Health Care and Social Assistance - - -
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
4961-01-09-8382
Land Assessment
$199,757 CAD
Improvements Assessment
$1,325,275 CAD
Total Assessment
$1,525,032 CAD
  • Listing ID: 40757227

  • Date on Market: 2026-06-02

  • Last Updated:

  • Address: 124 Samaritans Ridge Rd, Elkin, NC 28621

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}