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SOLD! Investment Sale 2,775 +/- SF Class A Medical Office Condo

10 Doctor Circle, Unit 3, Supply NC 28462

Property Type: Investment

Property Size: Building/Unit

Property Description

Investment Sale! Medical Office Condo 2,775 SF. This unit is for sale and is located in the heart of Brunswick Medical Park, Building 10 – Suite 3. The Tenant has been in place since 2012. The tenant signed a new lease in 2017 for 5 years with (2) options to renew for (2) years. Tenant pays TICAM costs with rent.

Gross Rent: $44,594.25
Expenses: $6,604.50
NOI: $37,989.75
8.26 CAP: $460,000.00

Brunswick Medical Park is an office complex adjacent to the former Brunswick County Hospital building and uniquely suited for administrative offices and medical or professional service tenants. Tenant pays TICAM charges, Cable, Electric, HVAC Maintenance, Sewer & Water Fee, Common Area Maintenance (CAM) includes exterior building electricity, parking lot maintenance, and landscaping.

View this listing on MLS.

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10 Doctor Circle, Unit 3, Supply NC 28462