List Search

280 Broad St
Kernersville, NC 27284 Downtown Kernersville

$2,260,000 USD

Medical Condo For Sale  •  5,636 SF

Property Details

  • Property Type Medical
  • Total Building Size 20,000 SF
  • Lot Size 4 AC
  • Building Class C
  • Year Built 1989
  • Cap Rate 8.00 %
  • Tenancy Multiple
  • Zoning GO-S
0 Transit Score
50 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit F Medical 5,636 SF $2,260,000 USD
  • Unit Size: 5,636 SF
  • Condo Use: Medical
  • Price: $2,260,000 USD
  • Sale Type: Investment
  • Price/SF: $400.99 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: 8.00 %
Total Expenses: $0 USD

Major Tenants

Tenant SF Occupied Lease End Date
Digestive Health Specialist Pa 6/2/2029

Amenities

  • Signage

Public Transportation

AirportDriveWalkDistance
Piedmont Triad International 22 min - 13.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 114
Type: Surface
Included in Rent: Yes
John Box 704-907-3268 Artha Associates
John Box 704-907-3268 Artha Associates