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2-Tenant MOB | Hospital Adj | Duke Lifepoint 1915 K M Wicker Memorial Dr 6,076 SF Office Building Sanford, NC 27330 $1,438,799 CAD ($236.80 CAD/SF) 7.25% Cap Rate

Medical Offices North Carolina Sanford 1915 K M Wicker Memorial Dr, Sanford, NC 27330

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Investment Highlights

  • Favorable Asset Class: Medical office properties historically exhibit strong tenant retention, above-average rental rates, and durable appreciation
  • Recent Capital Improvements: Comprehensive HVAC replacement, new metal roof, and expanded parking lot in recent years
  • Below Replacement Cost: Priced at $174 per square foot, the asset offers a compelling value proposition
  • Tenant Affiliation: 47% of the GLA is occupied by the Duke LifePoint affiliated tenant known as Central Carolina Sports & Orthopedic Medicine

Executive Summary

Broker of Record
Kyle Matthews
License # C38369 (NC)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
6,076 SF
Building Class
B
Year Built
1999
Price
$1,438,799 CAD
Price Per SF
$236.80 CAD
Cap Rate
7.25%
NOI
$104,313 CAD
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,038 SF
Building FAR
0.21
Lot Size
0.66 AC
Zoning
OI

Links

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Property Taxes

Parcel Number 9642-35-2557-00 Improvements Assessment $1,207,243 CAD
Land Assessment $77,621 CAD Total Assessment $1,284,865 CAD

Property Taxes

Parcel Number
9642-35-2557-00
Land Assessment
$77,621 CAD
Improvements Assessment
$1,207,243 CAD
Total Assessment
$1,284,865 CAD
(843) 252-5911

Still interested?

Contact the brokers for more information about this property

Contacts

  • Listing ID: 38905038

  • Date on Market: 2025-12-26

  • Last Updated:

  • Address: 1915 K M Wicker Memorial Dr, Sanford, NC 27330

The Office Property at 1915 K M Wicker Memorial Dr, Sanford, NC 27330 is currently available for Sale. Contact Matthews Real Estate Investment Services for more information.

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2-Tenant MOB | Hospital Adj | Duke Lifepoint | 1915 K M Wicker Memorial Dr
(843) 252-5911 x

2-Tenant MOB | Hospital Adj | Duke Lifepoint | 1915 K M Wicker Memorial Dr

Ryan Burke
(843) 252-5911

Michael Moreno
(949) 432-4511

Rahul Chhajed
(818) 434-1106

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