Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    7 Duncan St Lillington, NC 27546

    For Sale
    $1,495,000

    Spacious medical office with strong lease in place.

    Property size:
    6,497 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    310
    This exceptional 6,497 square foot medical office building presents a compelling investment opportunity in Lillington, NC. Situated on a sizable 0.92-acre lot, the property boasts ample parking for staff and patients. The well-designed layout includes 25 individual offices or exam rooms, providing flexibility for a variety of medical practices. Eight bathrooms and two kitchenettes cater to the needs of both staff and patients. A large reception and waiting area ensures a welcoming and efficient patient flow. Currently, the building benefits from a secure, six-year lease with a credit-worthy tenant, providing immediate and consistent income. The lease includes a favorable option for a five-year renewal, offering long-term stability and predictable cash flow. The monthly base rent is $8,368, translating to a competitive $15.69 per square foot. Annual rent increases are built into the lease, protecting against inflation and ensuring growing returns on investment. This property offers a rare combination of size, functionality, and secure tenancy, making it an ideal acquisition for investors seeking a stable and appreciating asset in a growing market. The ample parking and convenient location further enhance its appeal. This is a turnkey opportunity with significant potential for long-term growth and profitability.

    Property Features for 7 Duncan St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    6,497 SF
    Lot Size
    40,075 SF

    Building Details

    Year Built
    1999
    Insight Report Location Intelligence

    Current Use by Public Records

    Lillington Medical Services ... Medical Center Briggs John L ... Family Practice Physician Olivia Perry Nurse Practitioner Melissa Beitzel General Practitioner Bruce E. Mckay, ... Doctor

    Suggested Use

    Restaurant Realty agency Building Supply Law Firm Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lillington
    County
    Harnett
    State
    North Carolina
    Longitude
    -78.81339
    Latitude
    35.40427

    Nearby Similar for Sale

    • $249,900
      3,537 SF

      Lillington Triplex with Tenant Interest

      Triplex in Lillington, NC with potential for diverse rental strategies.
      396 James Tart Rd, Lillington, NC 27546
      View Details
    • New
      $1,400,000
      2,322 SF

      Leased Restaurant Property with Riverfront

      Fully leased restaurant with Cape Fear River frontage.
      100 S Main St, Lillington, NC 27546
      View Details
    • $325,000
      Pending

      Operational Chicken Farm on 10 Acres

      Operational chicken farm on 10 acres near Lillington, North Carolina.
      Spring Hill Church Rd, Lillington, NC 27546
      View Details
    • $449,900
      2,059 SF

      Lillington Commercial Property - High Visibility

      High-traffic location, excellent business opportunity.
      607 1St St, Lillington, NC 27546
      View Details
    • $1,495,000
      6,497 SF

      Prime Medical Office Building in Lillington, NC

      Spacious medical office with strong lease in place.
      7 Duncan St, Lillington, NC 27546
      View Details
    • Contact for pricing
      0.18 Acres

      Downtown Lillington Commercial Space

      Three-room office with kitchen, prime location.
      207 Front St, Lillington, NC 27546
      View Details

    FAQs

    What type of property is this?
    Office Property / Space - Spacious medical office with strong lease in place.
    Where is this office property / space located?
    The property is located at 7 Duncan St Lillington, NC.
    What is the asking price?
    The asking price for this property is $1,495,000.
    (910) 864-2626
    Request Owner's contact information
    7 Duncan St Lillington, NC 27546
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7 Duncan St
    Lillington, NC 27546
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7 Duncan St Lillington, NC 27546
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.