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MED FIRST URGENT CARE 325 Western Blvd

2,730 SF Office Building Jacksonville, NC 28546 £775,632 (£284/SF) 7.99% Net Initial Yield

Investment Highlights

  • Sticky Tenant – Healthcare tenants, known for their loyalty, are unlikely to leave once established due to a local patient base and high buildout cost
  • Hospital Adjacent – The site is located adjacent to the Onslow Memorial Hospital, a UNC Health affiliated 162-bed hospital established in 1944.
  • High Visibility – Western Boulevard sees over 39,000 VPD, being one of the most highly trafficked roads in Jacksonville.
  • Advantageous Lease – The NN lease agreement minimizes landlord responsibilities, as the tenant covers taxes, insurance, and interior maintenance.
  • Opportunity Zone – This site is located in a North Carolina Opportunity Zone, so it offers qualified investors certain tax benefits when they invest
  • Medical Corridor – This clinic is situated within a bustling medical hub, which boosts the flow of pedestrians seeking medical assistance.

Executive Summary

Kyle Matthews
License No. C38369 (NC)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
2,730 SF
Building Class
C
Year Built
1983
Price
£775,632
Price Per SF
£284
Net Initial Yield
7.99%
NOI
£61,999
Tenancy
Single
Number of Floors
1
Typical Floor Size
2,730 SF
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Links

1 of 1

PROPERTY TAXES

Parcel Number 346F-27 Improvements Assessment £167,918
Land Assessment £267,844 Total Assessment £435,762

PROPERTY TAXES

Parcel Number
346F-27
Land Assessment
£267,844
Improvements Assessment
£167,918
Total Assessment
£435,762
(704) 208-4054

Contacts

  • Listing ID: 34234582

  • Date on Market: 18/12/2024

  • Last Updated:

  • Address: 325 Western Blvd, Jacksonville, NC 28546

The Office Property at 325 Western Blvd, Jacksonville, NC 28546 is currently available for sale. Contact Matthews Real Estate Investment Services for more information.

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