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Fayetteville Ambulatory Surgery Center 1767 & 1781 Metromedical Dr 40,816 SF Office Building Fayetteville, NC 28304 $16,879,800 CAD ($413.56 CAD/SF) 6.50% Cap Rate


Investment Highlights
- Prime Hospital Adjacent Location
- Attractive Dual Opportunity for investor or owner-users needing a fully built surgical facility
Executive Summary
The ASC is 100% leased to Cape Fear Valley Health. The current term is through 7/31/2026 with four six month extensions with 5% increases per extension. The Tenant has exercised the option for the first six month extension through 1/31/2027 Cape Fear Valley Health System is a leading regional healthcare provider, and the Ambulatory Surgery Center is part of their network. The property is located in close proximity to the Cape Fear Valley Medical Center in a dense medical corridor off Village Drive surrounded by complementary medical offices and clinics. The medical offices, clinics and pharmacies underscore the desirability of this medical office location. Fayetteville is a thriving market - home to Fort Bragg and a growing metro population- ensuring strong demand for healthcare services and long term viability of this site.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
40,816 SF
Building Class
B
Year Built/Renovated
1981/2009
Price
$16,879,800 CAD
Price Per SF
$413.56 CAD
Cap Rate
6.50%
NOI
$1,097,187 CAD
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
20,408 SF
Building FAR
0.50
Lot Size
1.88 AC
Zoning
OI - Office and Instituti - Office and Instituti
Parking
92 Spaces (2.25 Spaces per 1,000 SF Leased)
1 1
Fairly walkable
50/100
Very drivable
80/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $5,424,043 CAD | |
| Land Assessment | $1,239,292 CAD | Total Assessment | $6,663,335 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$1,239,292 CAD
Improvements Assessment
$5,424,043 CAD
Total Assessment
$6,663,335 CAD
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Presented by
Village Green Real Estate and Development, LLC
Fayetteville Ambulatory Surgery Center | 1767 & 1781 Metromedical Dr
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