| Attractive Pricing: Offered at $1,350,000 (~$98 / SF), presenting a low-basis entry point well below replacement cost. |
| Strong Day-One Yield: 8.65% Going-In Cap Rate backed by a current Net Operating Income (NOI) of $116,790. |
| Healthy Occupancy & Cash Flow: 93% occupied across 11 of 12 units, delivering positive cash flow and a healthy 1.30x DSCR on day one. |
| Mission-Critical Tenancy: Government-adjacent (NC DMV vendor) and regional healthcare operators anchor 44% of occupied space, ensuring high renewal st |
| Tax Advantages: Positioned just outside the Elizabeth City limits, meaning no city property taxes are assessed, reducing annual operating costs and bo |
| Built-in Growth: Contractual 3% to 5% annual rent escalations locked into existing leases. |
Roger N
REIT PLACE REALTY
