Dental-Configured Medical Office
1285 Wilkesboro Boulevard Lenoir, NC 28645
New
1285 Wilkesboro Boulevard, Lenoir, NC, 28645
$450,000
For Sale
$450,000
Turnkey medical office building with five exam/treatment rooms, reception area, offices, and on-site parking for about 14 vehicles.
Property Size2,945 SF
Price / SF$152.80
Days on Market6
Property Features for 1285 Wilkesboro Boulevard
General Information
- Standard status
- Active
- Size
- 2,945 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2002
Listing Agency
BAKER REALTY
(828) 726-0003
Listed by
JULIAN BAKER · License #103327
Source
Corcoran
Added: Jul 14 Checked: Jul 19 at 2:12 am
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 BAKER REALTY
Investment Insights
Based on property information with market context.
This well-maintained professional office building is currently configured as a dental office and is plumbed and designed for immediate use. The interior includes five exam/treatment rooms, a reception/waiting area, a receptionist’s office, a private main office, three half baths and one full bath, plus additional flex spaces that can be adapted for practice needs. There is also a large unfinished area with expansion potential; however, it is not included in the heated square footage because a drop ceiling has not yet been installed.
Located on Wilkesboro Boulevard directly across from Hibriten High School, the property offers convenient access and strong visibility for patient and staff traffic. A generous parking lot provides space for approximately 14 vehicles.
Recent improvements include a brand-new roof and a recent HVAC system, supporting long-term operational reliability.
Located on Wilkesboro Boulevard directly across from Hibriten High School, the property offers convenient access and strong visibility for patient and staff traffic. A generous parking lot provides space for approximately 14 vehicles.
Recent improvements include a brand-new roof and a recent HVAC system, supporting long-term operational reliability.
Key Highlights
- Medical/dental office building built in 2002, currently configured with dental office plumbing for immediate use
- Interior includes five exam/treatment rooms, reception/waiting area, receptionist’s office, private main office, and flex spaces
- Heated area excludes a large unfinished expansion space (drop ceiling not yet installed)
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $59.0k | $20.04 |
| − Vacancy | −$13.0k | −$4.41 |
| EGI | $46.0k | $15.63 |
| − OpEx | −$11.5k | −$3.91 |
| NOI | $34.5k | $11.72 |
2,945 SF · lease $20.04/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$493.2K
$431.6K – $575.4K
NOI $34,525 @ 7.0% cap · market cap 7.67%
Second Best
Healthcare Medical
$401.9K
$351.7K – $468.9K
NOI $28,132 @ 7.0% cap · market cap 6.25%
Theoretical Best
Office A
$672.1K
$588.1K – $784.1K
NOI $47,045 @ 7.0% cap · market cap 10.45%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Dr. John A. Leppard, ...
Dental Office
Mountain Laurel Dental
Dental Office
Wimberly Michael K ...
Dental Office
John Alexander Leppard
Dental Office
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FAQs
What type of property is this?
Medical Office Space - Turnkey medical office building with five exam/treatment rooms, reception area, offices, and on-site parking for about 14 vehicles.
Where is this medical office space located?
The property is located at 1285 Wilkesboro Boulevard Lenoir, NC.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Medical/dental office building built in 2002, currently configured with dental office plumbing for immediate use; Interior includes five exam/treatment rooms, reception/waiting area, receptionist’s office, private main office, and flex spaces; Heated area excludes a large unfinished expansion space (drop ceiling not yet installed)
