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CATAWBA VALLEY HEALTH 1940 Briarwood Dr 5,513 SF Office Building Hickory, NC 28602 $1,660,068 CAD ($301.12 CAD/SF) 7.25% Cap Rate

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INVESTMENT HIGHLIGHTS

  • 7-Year NNN
  • 2.5% annual increases
  • Near CVHS's main hospital
  • Additional info available upon request

EXECUTIVE SUMMARY

7-Year NNN Catawba Valley Health Family Medicine clinic located near CVHS’s main hospital in Hickory, North Carolina. This ±5,513 SF building has 2.5% annual increases and is a fantastic investment opportunity. Additional information available upon request.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
5,513 SF
Building Class
B
Year Built
1984
Price
$1,660,068 CAD
Price Per SF
$301.12 CAD
Cap Rate
7.25%
NOI
$120,355 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
5,513 SF
Building FAR
0.13
Lot Size
1.01 AC
Zoning
O-I - Office
Parking
38 Spaces (6.89 Spaces per 1,000 SF Leased)

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Catawba Valley Health
  • Health Care and Social Assistance
  • -
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Catawba Valley Health Health Care and Social Assistance - - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2791196234430000
Land Assessment
$123,605 CAD
Improvements Assessment
$514,365 CAD
Total Assessment
$637,969 CAD
  • Listing ID: 38341132

  • Date on Market: 2025-11-05

  • Last Updated:

  • Address: 1940 Briarwood Dr, Hickory, NC 28602

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