721 Tilghman Dr Dunn, NC 28334

This exceptional 15,000 square foot medical office complex in Dunn, North Carolina, presents a lucrative investment opportunity. Strategically located adjacent to Betsy Johnson Hospital, the largest hospital in Harnett County, this property offers unparalleled synergy for medical practices. The building comprises four suites, each offering distinct advantages. Suite 100, a substantial 7,500 square foot space, is currently vacant and provides flexibility for a new tenant. This suite can be subdivided into two units of 2,100 and 5,400 square feet, catering to various needs. Suites 200, 300, and 400, each measuring 2,500 square feet, are currently leased to regional companies under long-term agreements (5-7 years) with two 5-year renewal options. These leases generate a consistent income stream at a rate of $18 per square foot. The current occupancy rate, at 50%, yields a cap rate exceeding 6% annually at the asking price of $2,350,000. The 1.98-acre lot provides ample space and potential for future expansion. A buyer occupying Suite 100 will realize significant benefits from the property's prime location and high-income potential. This property is ideal for medical professionals seeking to establish or expand their practice in a thriving healthcare environment. The existing leases provide immediate cash flow, while the vacant suite offers significant upside potential.