Medical Office Building Net
1035 Dale Earnhardt Boulevard Kannapolis, NC 28083
1035 Dale Earnhardt Boulevard, Kannapolis, NC, 28083
Contact for pricing
For Sale
Contact for pricing
Pending
100% occupied medical office building leased to Novant Health Kannapolis Family Medicine.
Property Size6,190 SF
Days on Market52
Property Features for 1035 Dale Earnhardt Boulevard
General Information
- Standard status
- Pending
- Size
- 6,190 SF
- Property subtype
- Retail, Office
Building Details
- Year Built
- 1998
Listing agency
Atlas Realty Group
Listed by
Kathy McCarthy · License #NC 182634
Source
Crexi
Added: Jun 1 Updated: Jul 10 at 4:00PM Checked: Jul 21 at 7:19AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Atlas Realty Group
Investment Insights
Based on property information with market context.
1035 Dale Earnhardt Boulevard is a 6,190-square-foot medical office building offered for sale, with 100% occupancy and a net lease structure. The building is leased to Novant Health Kannapolis Family Medicine, providing a healthcare-focused tenancy within a dedicated medical office configuration.
The property is located at a signalized corner of Dale Earnhardt Boulevard and Main Street in Kannapolis, North Carolina. It offers convenient access to I-85, positioned 26 miles north of Uptown Charlotte.
For investors seeking a single-tenant healthcare asset, this net-leased medical office building is already operating under an established medical practice tenant. For healthcare operators and brokers evaluating similar formats, the site’s medical office use and active occupancy support straightforward facility alignment for ongoing medical services.
The property is located at a signalized corner of Dale Earnhardt Boulevard and Main Street in Kannapolis, North Carolina. It offers convenient access to I-85, positioned 26 miles north of Uptown Charlotte.
For investors seeking a single-tenant healthcare asset, this net-leased medical office building is already operating under an established medical practice tenant. For healthcare operators and brokers evaluating similar formats, the site’s medical office use and active occupancy support straightforward facility alignment for ongoing medical services.
Key Highlights
- 6,190 SF medical office building built in 1998
- 100% occupied and net leased to Novant Health Kannapolis Family Medicine
- Located at the signalized corner of Dale Earnhardt Boulevard and Main Street in Kannapolis, NC
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $161.2k | $26.04 |
| − Vacancy | −$16.4k | −$2.66 |
| EGI | $144.7k | $23.38 |
| − OpEx | −$36.2k | −$5.85 |
| NOI | $108.6k | $17.54 |
6,190 SF · lease $26.04/SF/yr · vacancy 10.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.55M
$1.36M – $1.81M
NOI $108,560 @ 7.0% cap · market cap 4.02%
Second Best
Healthcare Medical
$1.23M
$1.08M – $1.44M
NOI $86,212 @ 7.0% cap · market cap 3.19%
Theoretical Best
Office A
$1.95M
$1.70M – $2.27M
NOI $136,378 @ 7.0% cap · market cap 5.05%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Novant Health Kannapolis ...
Medical Clinic
Harkey Brenda H
Physician
Farrington Family Medical ...
Medical Clinic
Dr. Lester G. ...
Pediatrician
Novant Health Pinnacle ...
Physician
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FAQs
What type of property is this?
Medical Office Space - 100% occupied medical office building leased to Novant Health Kannapolis Family Medicine.
Where is this medical office space located?
The property is located at 1035 Dale Earnhardt Boulevard Kannapolis, NC.
What is the asking price?
The asking price for this property is $2,702,509.
What are key features of this property?
This property features: 6,190 SF medical office building built in 1998; 100% occupied and net leased to Novant Health Kannapolis Family Medicine; Located at the signalized corner of Dale Earnhardt Boulevard and Main Street in Kannapolis, NC
