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Move-in Ready Medical Office Building

1729 New Hanover Medical Park Dr, Wilmington, NC

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For Sale

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Immaculate medical office building near Novant Health New Hanover Hospital.

Type:OFFICE

Property size:

23,082 SF

Lot size:

2.28 Acres

Price / SF:

$311/SF

HighLights

Two‑year leaseback by a strong credit‑worthy tenant guarantees immediate and steady revenue stream.
Prime location less than half a mile from Novant Health New Hanover Regional Medical Center Hospital ensures easy accessibility.
Comprehensive renovation in 2018 provides modern facilities.
The first floor features 20 wet exam rooms, administrative offices, numerous procedure rooms, and a covered drop‑off/pick‑up area.
Zoned O&I‑1, offering flexibility for a variety of medical and office uses.
Well‑maintained brick facade and standing‑seam metal roof provide durability and aesthetic appeal.

We can help!

Listing Contact

Jason Windham

For Sale

Contact for pricing

Immaculate medical office building near Novant Health New Hanover Hospital.

Type:OFFICE

Property size:

23,082 SF

Lot size:

2.28 Acres

Price / SF:

$311/SF

Added:: Dec 2, 2023
Days on Market:: 926
Last Refresh:: May 19 at 10:32 pm

Property Features for 1729 New Hanover Medical Park Dr

General Information

Standard status: Active
Size: 23,082 SF
Lot size: 2.28 Acres
Property subtype: OFFICE

We can help!

Listing Contact

Jason Windham

Listing agent Jason Windham

Listing office Maus, Warwick, Matthews & Co.

Listing date Dec 2, 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 Maus, Warwick, Matthews & Co.

HighLights

Two‑year leaseback by a strong credit‑worthy tenant guarantees immediate and steady revenue stream.
Prime location less than half a mile from Novant Health New Hanover Regional Medical Center Hospital ensures easy accessibility.
Comprehensive renovation in 2018 provides modern facilities.
The first floor features 20 wet exam rooms, administrative offices, numerous procedure rooms, and a covered drop‑off/pick‑up area.
Zoned O&I‑1, offering flexibility for a variety of medical and office uses.
Well‑maintained brick facade and standing‑seam metal roof provide durability and aesthetic appeal.

Overview

This move-in ready medical office building is situated on approximately 2.3 acres. The building has approximately 23,082 square feet of space. The property is located just off 17th Street, less than half a mile from Novant Health New Hanover Regional Medical Center Hospital. The property is zoned O&I-1, allowing for a variety of medical and office uses. The building features a brick facade and a standing-seam metal roof. A comprehensive renovation was completed in 2018. The first floor, spanning over 16,000 square feet, includes 20 wet exam rooms, administrative offices, procedure rooms, and a covered drop-off and pick-up area. The second floor, with over 6,700 square feet, is designed with private offices, open work areas, and additional exam rooms. The seller is offering a 2-year leaseback upon closing, providing a steady revenue source with a strong credit-worthy tenant. This arrangement offers financial security and the ability to owner-occupy in the future.

Property Profile Location Intelligence

Current Use by Public Records

Dr. Richard D. ... Ophthalmologist Wilmington Eye Medical Clinic The LASIK Center at Wilmington ... Physician Matej Polomsky, MD Ophthalmologist Christopher Covington, DO Ophthalmologist

Suggested Use

Location Insight

Map
Local Demand

City: Wilmington
County: New Hanover
State: North Carolina
Longitude: -77.9226
Latitude: 34.2125

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For sale
Medical Office Space
NC
Wilmington
1729 New Hanover Medical Park Dr

What type of property is this?

Medical Office Space - Immaculate medical office building near Novant Health New Hanover Hospital.

Where is this medical office space located?

The property is located at 1729 New Hanover Medical Park Dr Wilmington, NC.

What is the asking price?

The asking price for this property is $7,200,000.

What are key features of this property?

This property features: Two‑year leaseback by a strong credit‑worthy tenant guarantees immediate and steady revenue stream.; Prime location less than half a mile from Novant Health New Hanover Regional Medical Center Hospital ensures easy accessibility.; Comprehensive renovation in 2018 provides modern facilities.

1729 New Hanover Medical Park Dr, Wilmington, NC

Immaculate medical office building near Novant Health New Hanover Hospital.

Property Features for 1729 New Hanover Medical Park Dr

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Renovated Restaurant Facility on Market

Turnkey Wilmington Multifamily Investment Opportunity

Adaptable Commercial Property in Wilmington

Wilmington Duplex: Investment Opportunity

Wilmington Duplex: Investment Opportunity

Duplex Portfolio with Fenced Yards

Wilmington Duplexes: Investment Opportunity

Historic District Duplex Opportunity

Historic Downtown Wilmington Triplex Investment

Historic Downtown Wilmington Home

Wilmington Four-Unit Income Property

Turnkey Triplex in Historic District

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