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2902 Central Heights Rd 4,650 SF 100% Leased Office Building Goldsboro, NC 27534 $1,388,940 CAD ($298.70 CAD/SF) 7.12% Cap Rate



INVESTMENT HIGHLIGHTS
- 2902 Central Heights Road is a 4,650-square-foot medical office building with a potential leaseback opportunity to the current tenant/owner.
- Adaptable building for future lease-up initiatives, as the building can accommodate up to six equally sized storefronts/entrances/suites.
- Situated on a 1-acre parcel at a bustling intersection surrounded by shops and restaurants with traffic counts of over 32,500 vehicles per day.
- Owner-occupied under FMRC Primary Care & Rehab Center on a term ending 9/20/2027 with a monthly rate of $7,750.
- Sporting an existing medical build-out with exam rooms, physicians offices, lab space, and multiple reception areas and waiting rooms.
- Located only 3.5 miles from Goldsboro’s main hospital and top employer, UNC Health Wayne, complementing medical users here.
EXECUTIVE SUMMARY
Discover this premier acquisition opportunity filled with potential for investors or future owner/users presented by Keller Williams Points East Realty.
2902 Central Heights Road spans 4,650 square feet and is situated on approximately 1 acre at a busy intersection that draws organic traffic from surrounding commercial establishments. The single-story medical office offers a large, efficient layout with multiple exam rooms, private offices, restrooms, and meeting rooms. It features two primary waiting rooms positioned at the front of the building, each with direct access to separate reception areas. Circulation is supported by several connecting halls that create clear pathways between clinical, lab, administrative, and support zones.
FMRC Primary Care & Rehab Center, a business owned by the seller, currently operates as the sole tenant of the property. This opens up a potential sale-leaseback with a lease term ending on September 30, 2027, and a monthly rate of $7,750. Should new buyers seek to lease with another tenant, the overall floor plan is well-suited for a multi-provider practice, specialty clinic, or any other medical user. However, it can also be divided into six suites with private entrances, making it suitable for office, professional services, or retail use.
Goldsboro is known for its diverse economy, with key industries including manufacturing, healthcare, education, and military, influencing demand for a wide range of assets. The city is home to the top-rated UNC Health Wayne Hospital, which is only 3.5 miles from this property. Having a strong hospital anchor like UNC Health Wayne helps support outpatient clinics, physician practices, imaging centers, rehab, and ancillary services. The Seymour Johnson Air Force Base also accounts for significant economic activity, such an established institution ensures long-term demand. The industrial sector continues to flourish with new projects. For example, Prolec-GE Waukesha, Inc. announced a $140 million expansion to its Goldsboro manufacturing facility, which is projected to create jobs with an average annual salary of $71,912, far exceeding the Wayne County average of $46,211. Gain interest in this dynamic economy with an asset ready to adapt to the evolving landscape by acquiring 2902 Central Heights Road today.
2902 Central Heights Road spans 4,650 square feet and is situated on approximately 1 acre at a busy intersection that draws organic traffic from surrounding commercial establishments. The single-story medical office offers a large, efficient layout with multiple exam rooms, private offices, restrooms, and meeting rooms. It features two primary waiting rooms positioned at the front of the building, each with direct access to separate reception areas. Circulation is supported by several connecting halls that create clear pathways between clinical, lab, administrative, and support zones.
FMRC Primary Care & Rehab Center, a business owned by the seller, currently operates as the sole tenant of the property. This opens up a potential sale-leaseback with a lease term ending on September 30, 2027, and a monthly rate of $7,750. Should new buyers seek to lease with another tenant, the overall floor plan is well-suited for a multi-provider practice, specialty clinic, or any other medical user. However, it can also be divided into six suites with private entrances, making it suitable for office, professional services, or retail use.
Goldsboro is known for its diverse economy, with key industries including manufacturing, healthcare, education, and military, influencing demand for a wide range of assets. The city is home to the top-rated UNC Health Wayne Hospital, which is only 3.5 miles from this property. Having a strong hospital anchor like UNC Health Wayne helps support outpatient clinics, physician practices, imaging centers, rehab, and ancillary services. The Seymour Johnson Air Force Base also accounts for significant economic activity, such an established institution ensures long-term demand. The industrial sector continues to flourish with new projects. For example, Prolec-GE Waukesha, Inc. announced a $140 million expansion to its Goldsboro manufacturing facility, which is projected to create jobs with an average annual salary of $71,912, far exceeding the Wayne County average of $46,211. Gain interest in this dynamic economy with an asset ready to adapt to the evolving landscape by acquiring 2902 Central Heights Road today.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
4,650 SF
Building Class
C
Year Built
1989
Price
$1,388,940 CAD
Price Per SF
$298.70 CAD
Cap Rate
7.12%
NOI
$98,901 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
4,650 SF
Building FAR
0.11
Lot Size
1.00 AC
Zoning
R-12 - Retail/Office/ Medical Offices
Parking
15 Spaces (2.53 Spaces per 1,000 SF Leased)
AMENITIES
- Bio-Tech/ Lab Space
- Signage
- Reception
- Air Conditioning
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DEMOGRAPHICS
Demographics
1 Mile
3 Mile
5 Mile
2020 Population
4,603
27,059
44,482
2024 Population
4,677
27,775
46,851
Population Growth '20-'24
1.6%
2.7%
5.3%
2020 Households
2,022
11,539
18,537
2024 Households
2,049
11,848
19,570
Household Growth '20-'24
1.3%
2.7%
5.6%
Average Age
38
39
39
Median Household Income
$47,106
$43,845
$40,702
Daytime Employees
9,762
23,838
33,096
Total Businesses
636
2,429
3,334
College Degree + Higher
30%
25%
21%
$ values in USD
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2902 Central Heights Rd
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