Move-In Ready Medical Building For Sale | 1729 New Hanover Medical Park Dr
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Move-In Ready Medical Building For Sale 1729 New Hanover Medical Park Dr
23,168 SF 100% Leased Office Building Wilmington, NC 28403 £5,633,640 (£243/SF)
Investment Highlights
- Near Hospital
Executive Summary
This immaculate, move-in-ready medical office building offers a prime location, exceptional amenities, and a solid investment opportunity.
Nestled on approximately 2.3 acres, this impressive medical office building spans approximately 23,082± square feet of well-designed space. The strategic location just off 17th Street, and less than half a mile from Novant Health New Hanover Regional Medical Center Hospital, ensures easy accessibility for both medical professionals and patients.
- Zoning: The property is zoned O&I-1, providing flexibility for a variety of medical and office uses.
- Exterior: The building boasts a timeless and well-maintained brick facade, complemented by a standing-seam metal roof, offering durability and aesthetic appeal.
- Renovation: A comprehensive renovation in 2018 ensures modern facilities and a contemporary atmosphere throughout the building.
- Layout: The 16,000sf+ first floor showcases a well-organized layout, featuring 20 wet exam rooms, administrative offices, numerous procedure rooms, and a covered drop-off and pick-up area for the convenience of patients and staff.
- Second Floor: The 6,700sf+ second floor is thoughtfully designed with private offices, open work areas, additional exam rooms, and more, providing versatility for various medical practices.
The seller is offering a unique and attractive proposition, with a 2-year leaseback upon closing. This arrangement guarantees a steady source of revenue for the new owner, as the property will be leased by a strong credit-worthy tenant. This leaseback arrangement adds a layer of financial security and makes this property an even more appealing investment opportunity with the ability to owner-occupy in the future.
This medical office building is not just another property; it's a strategic investment in a thriving healthcare community. Seize the opportunity to own a turnkey property with a proven track record and position yourself at the forefront of medical excellence. Schedule a viewing today and envision the future of your healthcare practice in this exceptional facility.
Nestled on approximately 2.3 acres, this impressive medical office building spans approximately 23,082± square feet of well-designed space. The strategic location just off 17th Street, and less than half a mile from Novant Health New Hanover Regional Medical Center Hospital, ensures easy accessibility for both medical professionals and patients.
- Zoning: The property is zoned O&I-1, providing flexibility for a variety of medical and office uses.
- Exterior: The building boasts a timeless and well-maintained brick facade, complemented by a standing-seam metal roof, offering durability and aesthetic appeal.
- Renovation: A comprehensive renovation in 2018 ensures modern facilities and a contemporary atmosphere throughout the building.
- Layout: The 16,000sf+ first floor showcases a well-organized layout, featuring 20 wet exam rooms, administrative offices, numerous procedure rooms, and a covered drop-off and pick-up area for the convenience of patients and staff.
- Second Floor: The 6,700sf+ second floor is thoughtfully designed with private offices, open work areas, additional exam rooms, and more, providing versatility for various medical practices.
The seller is offering a unique and attractive proposition, with a 2-year leaseback upon closing. This arrangement guarantees a steady source of revenue for the new owner, as the property will be leased by a strong credit-worthy tenant. This leaseback arrangement adds a layer of financial security and makes this property an even more appealing investment opportunity with the ability to owner-occupy in the future.
This medical office building is not just another property; it's a strategic investment in a thriving healthcare community. Seize the opportunity to own a turnkey property with a proven track record and position yourself at the forefront of medical excellence. Schedule a viewing today and envision the future of your healthcare practice in this exceptional facility.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Sale & Leaseback
Property Type
Office
Property Subtype
Medical
Building Size
23,168 SF
Building Class
B
Year Built
2001
Price
£5,633,640
Price Per SF
£243
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
11,584 SF
Slab to Slab
11 ft
Building FAR
0.23
Lot Size
2.28 AC
Zoning
O&I
Parking
60 Spaces (2.59 Spaces per 1,000 SF Leased)
Amenities
- Signage
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PROPERTY TAXES
| Parcel Number | R05419-003-007-000 | Improvements Assessment | £3,587,064 |
| Land Assessment | £606,164 | Total Assessment | £4,193,228 |
PROPERTY TAXES
Parcel Number
R05419-003-007-000
Land Assessment
£606,164
Improvements Assessment
£3,587,064
Total Assessment
£4,193,228
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Move-In Ready Medical Building For Sale | 1729 New Hanover Medical Park Dr
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