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905 Johns Hopkins Dr
Greenville, NC 27834

$4,407,355 USD

Medical For Sale  •  20,458 SF

Property Details

  • Property Type Medical
  • Total Building Size 20,458 SF
  • Lot Size 4.35 AC
  • Building Class B
  • Year Built 1989
  • Cap Rate 7.75 %
  • Tenancy Single
  • Zoning MO
0 Transit Score
37 Walk Score

Highlights

Located on a parcel in excess of 4.35 acres, the property affords the future owner and tenants the ability to expand the footprint.
Tenant's lease is backed by the State of North Carolina, which holds a credit rating of AA- by Standard and Poor's Rating Service.
ECU Physicians has occupied this location for the past 10 years after completing a retrofit to suit and has just committed to another five years.
Lease provides for annual rental increases of 2% throughout the initial and option term, providing investors with increasing cash flow.
Located adjacent to ECU Health Medical Center (970 bed hospital) and ECU Brody School of Medicine (400+ faculty medical school).
Greenville is the 12th most populous metro in North Carolina, with approximately 175,000 in population in a 15-mile radius.

Property Flyers

Cap Rate: 7.75 %

Major Tenants

Tenant SF Occupied Lease End Date
Ecu Physicians Medical Office Building 20,458 SF 2/29/2028

Amenities

  • Bus Line

Public Transportation

AirportDriveWalkDistance
Pitt-Greenville 13 min - 7.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 92
Type: Surface
Included in Rent: Yes
Scott Briggs 918-794-9787 Northmarq
Scott Briggs 918-794-9787 Northmarq