Contacts
Nick Ganey, CCIM
Boutique National
(813) 967-6077
Property Details
- Property Type Office - Medical Office
- Property Size 7,186 SF
- Lot Size 2.46 Acre
- Property Tenancy Single Tenant
- Building Class A
- Year Built 2015
- Date Updated Apr 25, 2024
Farmville, NCPrime opportunity to purchase this single tenant net leased property with Fresenius Medical Care. Situated on 2.46 acres consisting of a 7,186 SF building in Farmville, NC. The property was built to suit tenant in 2015. Over 7 years of lease term remaining on initial term with (3) 5-year options to renew. This corporately guaranteed lease provides a rent escalation of 10% January 1, 2026. The net lease structure requires tenant to be responsible for all expenses relating to the interior/non-structural elements of the building, parking lot repair, HVAC (up to $3,000 per incident), landscaping, insurance, property taxes, utilities, and waste management.
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Highlights
- Current Term Expiration: 01/31/2031
- NOI: $250,064
- Cap Rate: 6.25%
- Rent PSF: $34.80
- Renewal Options: (3) 5-year
- Roof Warranty until October 2030
Attachments
Getting around
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26/100
Walk Score ®
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39/100
Bike Score ®
Powered by Walk Score ®
Location
- City Farmville, NC
- Neighborhood Farmville
- Zip Code 27828
Points of Interest
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Speedway
0.12 miles
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Speedway
2.66 miles
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Walstonburg Service Station
5.94 miles
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Speedway
8.91 miles
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Speedway
9.11 miles
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Speedway
9.12 miles
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Speedway
9.43 miles
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Marlboro Inn
0.21 miles
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Food Lion
2.64 miles
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Walmart Neighborhood Market
9.32 miles
In-Depth Research Available for this Property
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Contact Listing Broker
Nick Ganey, CCIM
Boutique National
(813) 967-6077
