Medical Office Suite with Exam
610 State Farm Road Boone, NC 28607
610 State Farm Road, Boone, NC, 28607
$898,000
For Sale
$898,000
COMMERCIAL - Boone, NC
Days on Market112
Property Features for 610 State Farm Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
Building Details
- Year built
- 2004
Listing agency
Boone Real Estate
(828) 265-1021
Listed by
Robert de Camara
(828) 964-3499
Added: Apr 1 Updated: Jul 16 at 5:08PM Checked: Jul 21 at 3:06PM
MLS# 260861
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Investment Insights
Based on property information with market context.
This centrally positioned medical office suite was built in 2012 and is configured for clinical use. The main office area includes a reception area with vaulted tongue-and-groove ceilings, recessed lighting, and a spacious reception desk with granite countertops. Interior finishes include a bamboo floor in the main office. The layout provides five exam/treatment rooms, two private offices, and a smaller office currently used as storage. A waiting room is supported by two upgraded restrooms and a kitchen. A large meeting room at the rear includes cork floors and a private entrance, and additional improvements include an upgraded restroom, an audiology/feedback room, a mechanical room, and extra storage.
The property is offered as a for-sale investment with an established five-year lease and approximately four and a half years remaining. Rent is currently $48,000 per year and increases annually. The lease is triple net, with the tenant responsible for real estate taxes, hazard insurance, POA fees, and all maintenance. Showings require 24 hours’ notice and are available Fridays through Sundays and other weekdays between 6:00 and 8:00 PM.
The property is offered as a for-sale investment with an established five-year lease and approximately four and a half years remaining. Rent is currently $48,000 per year and increases annually. The lease is triple net, with the tenant responsible for real estate taxes, hazard insurance, POA fees, and all maintenance. Showings require 24 hours’ notice and are available Fridays through Sundays and other weekdays between 6:00 and 8:00 PM.
Key Highlights
- Medical office space built in 2004 with a five‑year lease in place; about 4.5 years remaining
- Current lease rent is $48,000/yr and increases every year; triple net (tenant pays taxes, hazard insurance, POA fees, and maintenance)
- Offered at a 5.34% CAP rate
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Western Carolina Eye ...
Ophthalmologist
Boone Foot & Ankle
Physician
Dr. Daniel P. ...
Ophthalmologist
Paul P. Zimmerman, ...
Physician
Total Vein Care
Physician
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FAQs
What type of property is this?
Medical Office Space - Medical office built in 2012 featuring five exam/treatment rooms, private offices, and waiting area with upgraded restrooms.
Where is this medical office space located?
The property is located at 610 State Farm Road Boone, NC.
What is the asking price?
The asking price for this property is $898,000.
What are key features of this property?
This property features: Medical office space built in 2004 with a five‑year lease in place; about 4.5 years remaining; Current lease rent is $48,000/yr and increases every year; triple net (tenant pays taxes, hazard insurance, POA fees, and maintenance); Offered at a 5.34% CAP rate
