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1402 Eastchester Dr

3,396 SF Office Building High Point, NC 27265 £770,260 (£227/SF) 7.38% Net Initial Yield

Investment Highlights

  • LEASE THROUGH JULY 31, 2028
  • RECENTLY RENEWED NNN LEASE

Executive Summary

The Eye Care Group recently renewed its NNN lease at this ±3,396sf medical office building. The property is exceptionally well-maintained and offers tremendous retail visibility off of Eastchester Drive. Ample surface parking. Close proximity to High Point Medical Center, High Point University, and I-74.

Attachments

1402-Eastchester-Dr-Oct24

Property Facts

Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
3,396 SF
Building Class
B
Year Built
1996
Price
£770,260
Price Per SF
£227
Net Initial Yield
7.38%
NOI
£56,881
Tenancy
Single
Number of Floors
1
Typical Floor Size
3,396 SF
Building FAR
0.10
Land Acres
0.81 AC
Zoning
GOM - Office Medical
Parking
26 Spaces (7.21 Spaces per 1,000 SF Leased)

Amenities

  • Bus Route
  • Signage

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • The Eyecare Group
  • Health Care and Social Assistance
  • -
  • -
  • Triple Net
  • Jul 2028
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
The Eyecare Group Health Care and Social Assistance - - Triple Net Jul 2028

Links

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1402 Eastchester Dr, High Point, NC - aerial map view - Image1
1402 Eastchester Dr, High Point, NC - aerial map view - Image2
1402 Eastchester Dr, High Point, NC - aerial map view - Image3
1402 Eastchester Dr, High Point, NC - aerial map view - Image4

PROPERTY TAXES

Parcel Number 0196869 Improvements Assessment £204,218
Land Assessment £278,479 Total Assessment £482,696

PROPERTY TAXES

Parcel Number
0196869
Land Assessment
£278,479
Improvements Assessment
£204,218
Total Assessment
£482,696
(336) 724-1715

  • Listing ID: 33703072

  • Date on Market: 31/10/2024

  • Last Updated:

  • Address: 1402 Eastchester Dr, High Point, NC 27265

The Office Property at 1402 Eastchester Dr, High Point, NC 27265 is currently available For Sale. Contact Linville Team Partners for more information.

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1402 Eastchester Dr, High Point, NC for sale Building Photo- Image 1 of 17
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1402 Eastchester Dr
(336) 724-1715 x

1402 Eastchester Dr

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Tommy Adams

(336) 724-1715

(336) 724-1715

Will Jones

(336) 724-1715

(336) 724-1715

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