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1915 K M Wicker Memorial Dr
Sanford, NC 27330

$1,060,983 USD

Medical For Sale  •  6,076 SF

Property Details

• Property Type Medical
• Total Building Size 6,076 SF
• Lot Size 0.66 AC
• Building Class B
• Year Built 1999
• Cap Rate 7.25 %
• Tenancy Multiple
• Zoning OI

0 Transit Score

25 Walk Score

Highlights

Favorable Asset Class: Medical office properties historically exhibit strong tenant retention, above-average rental rates, and durable appreciation

Below Replacement Cost: Priced at $174 per square foot, the asset offers a compelling value proposition

Recent Capital Improvements: Comprehensive HVAC replacement, new metal roof, and expanded parking lot in recent years

Tenant Affiliation: 47% of the GLA is occupied by the Duke LifePoint affiliated tenant known as Central Carolina Sports & Orthopedic Medicine

Cap Rate:

7.25 %

Public Transportation

Airport	Drive	Walk	Distance
Fayetteville Regional/Grannis Field	65 min	-	42.2 mi
Raleigh-Durham International	56 min	-	44.8 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Surface
Included in Rent:	Yes