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510 Emergency Dr 13,671 SF Office Building Lexington, NC 27292 $4,179,384 CAD ($305.71 CAD/SF) 6.50% Cap Rate
Investment Highlights
- LOCATION! Within Atrium Health's Campus
- ±13,671 SF
- Brand new 5 year Lease Extension with Atrium
Executive Summary
Located on Atrium Health's Hospital Campus, and sitting on 5.23 acres, this ±13,671 SF NNN Orthopedic Clinic makes for a rare investment opportunity! Atrium has just signed a brand new 5 year lease extension. With this Clinic located across from the Hospital's entrance, it makes this location mission critical for Atrium's orthopaedic services.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
13,671 SF
Building Class
C
Year Built
2001
Price
$4,179,384 CAD
Price Per SF
$305.71 CAD
Cap Rate
6.50%
NOI
$271,639 CAD
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
6,836 SF
Building FAR
0.06
Lot Size
5.23 AC
Zoning
SD
Parking
45 Spaces (3.29 Spaces per 1,000 SF Leased)
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Fairly walkable
40/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 11-343-0-000-0024-0-0-0 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $2,128,726 CAD |
Property Taxes
Parcel Number
11-343-0-000-0024-0-0-0
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,128,726 CAD
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510 Emergency Dr
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