Gastonia Medical Office Building For Sale

1146 N New Hope Rd, Gastonia, NC

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For Sale

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Medical office building in Gastonia's medical community, near hospital.

Type:OFFICE

Property size:

13,570 SF

Lot size:

1.79 Acres

Price / SF:

$261/SF

HighLights

±13,570 square foot medical office building in Gastonia's medical community.
Easily reconfigured for various medical uses.
Located less than 1 mile from I‑85 and 1.5 miles from Caromont Regional Medical Center.
Abundance of parking with 60 spaces.
All brick facility on over 5 acres of land.
Expansive reception area, operatories, X‑ray rooms, private offices, kitchen, and meeting room.

We can help!

Listing Contact

Todd Little

For Sale

Contact for pricing

Medical office building in Gastonia's medical community, near hospital.

Type:OFFICE

Property size:

13,570 SF

Lot size:

1.79 Acres

Price / SF:

$261/SF

Added:: Jul 11, 2023
Days on Market:: 1071
Last Refresh:: May 20 at 8:01 pm

Property Features for 1146 N New Hope Rd

General Information

Standard status: Active
Size: 13,570 SF
Lot size: 1.79 Acres
Property subtype: OFFICE

We can help!

Listing Contact

Todd Little

Listing agent Todd Little

Listing office NewLeaf Commercial Real Estate

Listing date Jul 11, 2023

Source Moodyscre

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 NewLeaf Commercial Real Estate

HighLights

±13,570 square foot medical office building in Gastonia's medical community.
Easily reconfigured for various medical uses.
Located less than 1 mile from I‑85 and 1.5 miles from Caromont Regional Medical Center.
Abundance of parking with 60 spaces.
All brick facility on over 5 acres of land.
Expansive reception area, operatories, X‑ray rooms, private offices, kitchen, and meeting room.

Overview

This is a ±13,570 square foot medical office building located in Gastonia's medical community. The office is currently used as a dental practice, but the space can be reconfigured for other medical uses. The facility features a welcoming reception area, individual patient meeting room, multiple open and private operatories, 2 X-ray rooms, private doctor offices, nurse stations, a fully equipped kitchen and meeting room, an elevator, bathrooms and showers, and parking. The all-brick facility is situated on over 5 acres of land and has 60 parking spaces. It is located less than 1 mile from I-85 and 1.5 miles from the Caromont Regional Medical Center. The two-level building offers multiple configuration options. This property is suitable for existing medical or dental practices looking to expand, medical professionals seeking a permanent location, large therapy groups, or possible conversion to a child care center.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$353.4k	$26.04
− Vacancy	−$36.0k	−$2.66
EGI	$317.3k	$23.38
− OpEx	−$79.3k	−$5.85
NOI	$238.0k	$17.54

13,570 SF · lease $26.04/SF/yr · vacancy 10.20% · expense 25.00%

Alternative Uses

Best Use

Office B

$3.40M

$2.97M – $3.97M (±1% cap)

NOI $237,990 @ 7.0% cap · market cap 6.70%

Second Best

Healthcare Medical

$2.70M

$2.36M – $3.15M (±1% cap)

NOI $188,999 @ 7.0% cap · market cap 5.32%

Theoretical Best

Office A

$4.27M

$3.74M – $4.98M (±1% cap)

NOI $298,974 @ 7.0% cap · market cap 8.42%

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

Property Profile Location Intelligence

Current Use by Public Records

Premier Dental Associates ... Dental Office Dr. Charles W. ... Dental Office Pediatric Dentistry & Orthdontics: ... Dental Office Pediatric Dental Care: ... Dental Office Pediatric Dental Care: ... Dental Office

Suggested Use

Location Insight

Map
Local Demand

City: Gastonia
County: Gaston
State: North Carolina
Longitude: -81.1494
Latitude: 35.2866

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For sale
Medical Office Space
NC
Gastonia
1146 N New Hope Rd

What type of property is this?

Medical Office Space - Medical office building in Gastonia's medical community, near hospital.

Where is this medical office space located?

The property is located at 1146 N New Hope Rd Gastonia, NC.

What is the asking price?

The asking price for this property is $3,550,000.

What are key features of this property?

This property features: ±13,570 square foot medical office building in Gastonia's medical community.; Easily reconfigured for various medical uses.; Located less than 1 mile from I‑85 and 1.5 miles from Caromont Regional Medical Center.

1146 N New Hope Rd, Gastonia, NC

Medical office building in Gastonia's medical community, near hospital.

Property Features for 1146 N New Hope Rd

General Information

We can help!

HighLights

Overview

Local Financial Insights For Office B

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Gastonia Commercial Development Package

Gastonia Mixed-Use Investment Opportunity

Commercial Office Shell on Highway

Gastonia Live Music Event Venue

Industrial Site with Commissary

Gastonia Income-Producing 8-Plex

New-Construction Duplex Plan

Historic Office Conversion Home

Gaston County Commercial Investment Opportunity

Gastonia Office Building on 2.18 Acres

Retail Opportunity in Downtown Gastonia

New Construction Duplex Investment Opportunity

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