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MyEyeDr. - Burlington, NC 2835 S Church St 3,800 SF Office Building Burlington, NC 27215 $1,660,683 CAD ($437.02 CAD/SF) 7.25% Cap Rate
Investment Highlights
- The MyEyeDr. location in Burlington has operated as an optometry practice for more than 30 years, reflecting a long-standing presence.
- The property is located approximately 1.5 miles from Cone Health Alamance Regional Medical Center, a 238-bed acute care hospital.
- MyEyeDr. operates more than 900 locations across the United States, providing comprehensive eye exams, vision correction, and eyewear services.
- A recent lease extension demonstrates the tenant’s continued commitment to this welllocated medical office property.
- MyEyeDr.’s parent company, Capital Vision Services, received a significant institutional investment in 2019.
- The property is located along S Church Street (±28,000 VPD), one of Burlington’s primary commercial corridors, adjacent to a Harris Teeter.
Executive Summary
Sands Investment Group is pleased to exclusively offer for sale the 3,800 SF MyEyeDr. located at 2835 S Church Street in Burlington, NC. This offering features a recent lease extension, demonstrating the tenant’s continued commitment to this established medical office location and reinforcing the strength of the site and its long-standing operating history, making it a stable and attractive investment opportunity.
In Cooperation With Sands Investment Group North Carolina, LLC - Lic. #29362 BoR: Chris Sands - Lic. NC #300021
In Cooperation With Sands Investment Group North Carolina, LLC - Lic. #29362 BoR: Chris Sands - Lic. NC #300021
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
3,800 SF
Building Class
C
Year Built
1978
Price
$1,660,683 CAD
Price Per SF
$437.02 CAD
Cap Rate
7.25%
NOI
$120,399 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,800 SF
Building FAR
0.16
Lot Size
0.56 AC
Zoning
O 1
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- MyEyeDr.
- Health Care and Social Assistance
- 3,800 SF
- $31.68 CAD
- Double Net
- May 2034
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| MyEyeDr. | Health Care and Social Assistance | 3,800 SF | $31.68 CAD | Double Net | May 2034 |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 113502 | Improvements Assessment | $327,518 CAD |
| Land Assessment | $450,423 CAD | Total Assessment | $777,941 CAD |
Property Taxes
Parcel Number
113502
Land Assessment
$450,423 CAD
Improvements Assessment
$327,518 CAD
Total Assessment
$777,941 CAD
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MyEyeDr. - Burlington, NC | 2835 S Church St
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