7 E Duncan St
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7 E Duncan St
6,497 SF Office Building Lillington, NC 27546 £1,198,243 (£184/SF)
Investment Highlights
- 25 offices/exam rooms, 8 bathrooms, 2 kitchenettes, and a large reception and waiting area
- property is secured with a credit tenant for a 6-year lease, along with an option for a 5-year renewal
Executive Summary
Spacious ±6,497 SF medical office situated on a 0.92-AC lot with ample parking. 25 offices/exam rooms, 8 bathrooms, 2 kitchenettes, and a large reception and waiting area. Currently, the property is secured with a credit tenant for a 6-year lease, along with an option for a 5-year renewal. Monthly Basic Rent of $8,368 ($15.69/sf) with annual increases.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
6,497 SF
Building Class
B
Year Built
1999
Price
£1,198,243
Price Per SF
£184
Tenancy
Single
Number of Floors
1
Typical Floor Size
6,497 SF
Building FAR
0.16
Lot Size
0.92 AC
Zoning
C-3
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PROPERTY TAXES
Parcel Number | 10065019360001 01 | Improvements Assessment | £0 |
Land Assessment | £0 | Total Assessment | £866,151 |
PROPERTY TAXES
Parcel Number
10065019360001 01
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£866,151
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7 E Duncan St
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