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112 Kinderton Blvd
Advance, NC 27006 Davie

$1,850,000 USD

Medical Condo For Sale  •  4,953 SF

Property Details

  • Property Type Medical
  • Total Building Size 4,953 SF
  • Lot Size 2.93 AC
  • Building Class B
  • Year Built 2007
  • Cap Rate 7.50 %
  • Tenancy Single
  • Zoning Commercial
0 Transit Score
21 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 100 Medical 4,953 SF $1,850,000 USD
  • Unit Size: 4,953 SF
  • Condo Use: Medical
  • Price: $1,850,000 USD
  • Sale Type: Investment
  • Price/SF: $373.51 USD

Description 

A North Carolina Licensed Endoscopy Center (ASC License#AS0144 & AS0139) available for
purchase by an investor seeking a strong, sticky tenant at an above market yield. This
condominium is occupied by Digestive Health Specialists under an original 20-year absolute
net lease that expires summer of 2029. Digestive Health Specialists has been serving the
Piedmont since 1978 and currently has 5 locations staffed by 17 Physicians and 8 PA's. North
Carolina is a Certificate of Need State.

Highlights

Fully leased to Digestive Health Specialists under net lease through 2029
Accredited ambulatory surgery center with CMS and AAAHC approvals
Limited Landlord responsibilities; ideal for passive investors

Financial Summary

Cap Rate: 7.50 %
Total Expenses: $0 USD

Major Tenants

Tenant SF Occupied Lease End Date
Digestive Health Specialists P 8/3/2029

Amenities

  • 24 Hour Access
  • Kitchen
  • Reception
  • Central Heating
  • Natural Light
  • Partitioned Offices
  • Air Conditioning

Public Transportation

AirportDriveWalkDistance
Piedmont Triad International 47 min - 32.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
John Box 704-907-3268 Artha Associates
John Box 704-907-3268 Artha Associates