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UNC Health 2201 Old Nc 86 Hwy 5,470 SF Office Building Hillsborough, NC 27278 $3,350,208 CAD ($612.47 CAD/SF) 6.50% Cap Rate

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INVESTMENT HIGHLIGHTS

  • TRIANGLE REGION ECONOMIC GROWTH
  • AFFLUENT SURROUNDING DEMOGRAPHICS
  • PROXIMITY TO MAJOR GROWTH & REDEVELOPMENT

EXECUTIVE SUMMARY

INSTITUTIONAL MEDICAL TENANT
- UNC Health Care is a leading, not for-profit integrated health system owned by the State of North Carolina
- Backed by University of North Carolina Hospitals at Chapel Hill
- Systemwide operations include 15 hospitals and over 900 outpatient clinics statewide
AFFLUENT SURROUNDING DEMOGRAPHICS
- Hillsborough benefits from high household incomes and strong homeownership
- 3-mile AHHI exceeds $145K
- Stable professional base anchored by UNC, Duke, and Research Triangle Park employment centers
STRATEGIC MEDICAL CORRIDOR LOCATION
- Positioned along Old NC 86 Hwy near I-85 & I-40
- Minutes from UNC Health Hillsborough Campus and less than 15 miles from UNC Medical Center in Chapel Hill
- Serves as a key access point for patients from Hillsborough, Durham, and Mebane markets
PROXIMITY TO MAJOR GROWTH & REDEVELOPMENT
- Located within the rapidly expanding Orange County corridor experiencing strong healthcare, residential, and mixed-use development
- Nearby projects include the Collins Ridge master-planned community (1,200+ homes) and UNC Health’s recent medical campus expansion
TRIANGLE REGION ECONOMIC GROWTH
- Part of the greater Raleigh-Durham-Chapel Hill MSA, one of the fastest-growing regions in the U.S.
- The Triangle has added over 300,000 residents in the past decade
- Continued job expansion in healthcare, technology, and education sectors drives long-term real estate demand

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
5,470 SF
Building Class
B
Year Built
2007
Price
$3,350,208 CAD
Price Per SF
$612.47 CAD
Cap Rate
6.50%
NOI
$217,764 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
5,470 SF
Building FAR
0.12
Lot Size
1.07 AC
Parking
68 Spaces (12.43 Spaces per 1,000 SF Leased)

AMENITIES

  • Signage

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • UNC Health
  • Health Care and Social Assistance
  • 5,470 SF
  • -
  • Apr 2028
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
UNC Health Health Care and Social Assistance 5,470 SF - Apr 2028

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
9863982019
Land Assessment
$784,497 CAD
Improvements Assessment
$2,347,458 CAD
Total Assessment
$3,131,955 CAD
  • Listing ID: 38394243

  • Date on Market: 2025-11-10

  • Last Updated:

  • Address: 2201 Old Nc 86 Hwy, Hillsborough, NC 27278

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