Renovated Single-Tenant Medical Office | 10-Year… — Sale in Plymouth, NC
- Price: $1.1M
- Listing type: For sale
- Asset type: Office
- Location: Plymouth, NC 27962
- Size: 3,886 SF
- Year built: 2005
Investment Figures
- Cap rate
- 6.55%
- Price per square foot
- $292
- Price per unit
- $1,135,872 across 1 units
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
A fully renovated, 3,886 SF single-tenant medical office on US-64 East, purpose-built with exam rooms, nurse's station, and staff breakroom. Secured by a 10-year healthcare lease signed in 2022 with 2% annual rent escalations, generating $74,388 NOI with minimal landlord obligations. Situated in a federally designated Opportunity Zone with direct highway visibility, 26 dedicated parking spaces, and zero near-term rollover risk. A stabilized, low-management asset in eastern North Carolina's primary healthcare corridor. Building SF: 3886 | Land Size: 0.8 Ac | Year Built: 2005 | Listing Type: FOR SALE
Market Context
This office in Plymouth, NC is listed for sale at $1,135,872 across 3,886 SF ($292/SF). It is offered at an approximate 6.5% capitalization rate, a key benchmark for income-producing office assets. The building dates to 2005. It has been on the market for 70 days. Compare it against other office listings for sale in Plymouth, NC — view the full market.
Contact
- Vandan Gandhi — KW Commercial | Durham Southpoint | Vandan Gandhi · +19194755769 · van.kwcommercial@gmail.com
- Vandan Gandhi · +19194755769 · van.kwcommercial@gmail.com
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