Medical Office Investment
For Sale
Contact for pricing
107 Weeks Dr, Roxboro, NC 27573
Freestanding medical office building in Roxboro, North Carolina.
Property Size8,667 SF
Price / SF$218.65
Days on Market170
Property Features for 107 Weeks Dr
General Information
Standard status
Active
Size
8,667 SF
Property subtype
Office
Zoning
B
Lease Type
NNN
Investment Type
Stabilized
Net Operating Income
$151,580
Building Details
Year Built
1995
Year Renovated
2018
Buildings
1
Units
2
Tenancy
Multi
Listing Agency:
Rich Commercial Realty
Listed By:
Sam DiFranco Jr · License #NC 270959
Source:
Crexi
Added: Mar 3
Changed: Aug 15
Last Checked: Aug 19 at 8:28PM
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 Rich Commercial Realty
Investment Insights
Based on property information with market context.
This is a single-story, freestanding medical office building located in Roxboro, North Carolina. The property is fully leased and anchored by a national diagnostics company and a regional primary and urgent care provider. The property is positioned as a medical real estate investment opportunity. The building has ample parking. The property size is 8667 square feet.
Key Highlights
- Fully leased medical office building with strong tenancy
- Anchored by a national diagnostics company and well‑known regional primary and urgent care provider
- Located in the growing market of Roxboro, North Carolina
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$133,853
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.06%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,677,060
$2.7M
Cap Rate 7%
$1,912,186
$1.9M
Cap Rate 9%
$1,487,256
$1.5M
Market Conditions
NOI Build-Up for 8,667 SF
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.
Gross rent
$216.3K $24.96/SF
− Vacancy
−$37.9K −$4.37/SF
EGI
$178.5K $20.59/SF
− OpEx
−$44.6K −$5.15/SF
NOI
$133.9K $15.44/SF
Area
Person County, NC
Vacancy
17.50%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,677,060
Cap Rate 7%
$1,912,186
Cap Rate 9%
$1,487,256
Alternative Uses
Best Use
Office B
$1.91M
$1.67M – $2.23M
NOI $133,853 @ 7.0% cap · market cap 7.06%
Second Best
Healthcare Medical
$1.70M
$1.49M – $1.99M
NOI $119,251 @ 7.0% cap · market cap 6.29%
Theoretical Best
Office A
$2.80M
$2.45M – $3.27M
NOI $195,907 @ 7.0% cap · market cap 10.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
166
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 27573, NC
11,017
Population
5,748
Households
1.9
Avg Household Size
41
Median Age
20%
College-Educated
87%
High-School Grad
17.3 sq mi
ZIP Area
637
Density / Sq Mi
$44,234
Median Household Income
$29,496
Median Earnings
$761
Median Rent
$159,800
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Freestanding medical office building in Roxboro, North Carolina.
Where is this medical office space located?
The property is located at 107 Weeks Dr Roxboro, NC.
What is the asking price?
The asking price for this property is $1,895,000.
What are key features of this property?
This property features: Fully leased medical office building with strong tenancy; Anchored by a national diagnostics company and well‑known regional primary and urgent care provider; Located in the growing market of Roxboro, North Carolina
