Medical Office Building
142 Paraclete Dr, Raeford, NC 28376
For Sale
Contact for pricing
Move-in ready office and medical suites with exam rooms, reception, and dedicated restrooms within a Class A building.
Property Size19,200 SF
Price / SF$0.00
Days on Market138
Property Features for 142 Paraclete Dr
General Information
Standard status
Size
Class
Property subtype
Lease Term
Additional Details
Highway Access
Building Details
Building Size
Year Built
Properties For Sale
at 142 Paraclete Dr Contact usSuite 301
Size
6,500 SF
Term
60+
Suite 202
Size
3,100 SF
Type
Office Building
Term
Negotiable
Listing Agency:
Grant-Murray Real Estate, LLC
Listed By:
Patrick Murray, CCIM, SIOR · License NC #231098
(910) 861-0449
Source:
Grantmurrayre
Added: Jun 25
Changed: Nov 6
Last Checked: Nov 8 at 4:23AM
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 Grant-Murray Real Estate, LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The Sky Center is a 19,200 SF Class A office building offering high-end medical and professional office suites. The property includes a fully built-out 6,500 SF medical office on the third floor and a recently upfitted 3,100 SF space on the second floor. The second-floor offering is designed with modern layouts that include multiple private offices, welcoming reception areas, patient or client waiting rooms, breakrooms, and dedicated restrooms, supporting either general office or medical use.
The building is located just off Hwy 401 near Raeford, NC, and it offers two available suites for occupancy or ownership. The third-floor configuration supports healthcare delivery with eight exam rooms, a large therapy suite, occupational therapy room, two physician offices, a triage room, and an X-ray room with an adjacent control area. Additional functional space includes a spacious waiting area, dual check-in/check-out reception, staff lounge, laundry room, and an IT/server room.
These suites are a practical fit for medical practices and healthcare-oriented operators seeking ready-built space. The third-floor suite provides specialized exam and imaging space alongside support rooms, while the second-floor suite emphasizes a polished reception-to-office workflow with private offices, waiting areas, breakrooms, and dedicated restrooms.
The building is located just off Hwy 401 near Raeford, NC, and it offers two available suites for occupancy or ownership. The third-floor configuration supports healthcare delivery with eight exam rooms, a large therapy suite, occupational therapy room, two physician offices, a triage room, and an X-ray room with an adjacent control area. Additional functional space includes a spacious waiting area, dual check-in/check-out reception, staff lounge, laundry room, and an IT/server room.
These suites are a practical fit for medical practices and healthcare-oriented operators seeking ready-built space. The third-floor suite provides specialized exam and imaging space alongside support rooms, while the second-floor suite emphasizes a polished reception-to-office workflow with private offices, waiting areas, breakrooms, and dedicated restrooms.
Key Highlights
- 19,200 SF Class A office building built in 2014 in Sky Center
- Two available suites: 3,100 SF (Suite 202) on the 2nd floor and 6,500 SF on the 3rd floor
- 2nd‑floor Suite 202 includes multiple private offices, reception, waiting room, breakroom, and dedicated restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$199,066
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,981,320
$4.0M
Cap Rate 7%
$2,843,800
$2.8M
Cap Rate 9%
$2,211,844
$2.2M
Market Conditions
NOI Build-Up for 19,200 SF
Gross rent
$368.6K $19.20/SF
− Vacancy
−$36.9K −$1.92/SF
EGI
$331.8K $17.28/SF
− OpEx
−$132.7K −$6.91/SF
NOI
$199.1K $10.37/SF
Area
Hoke County, NC
Vacancy
10.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,981,320
Cap Rate 7%
$2,843,800
Cap Rate 9%
$2,211,844
Alternative Uses
Best Use
Office B
$3.35M
$2.93M – $3.91M
NOI $234,714 @ 7.0% cap
Second Best
Healthcare Medical
$2.84M
$2.49M – $3.32M
NOI $199,066 @ 7.0% cap
Theoretical Best
Office A
$4.21M
$3.68M – $4.91M
NOI $294,543 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
138
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 28376, NC
43,160
Population
16,834
Households
2.6
Avg Household Size
33
Median Age
23%
College-Educated
90%
High-School Grad
278.7 sq mi
ZIP Area
155
Density / Sq Mi
$61,793
Median Household Income
$40,858
Median Earnings
$1,091
Median Rent
$208,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Medical Office Space - Move-in ready office and medical suites with exam rooms, reception, and dedicated restrooms within a Class A building.
Where is this medical office space located?
The property is located at 142 Paraclete Dr Raeford, NC.
What are key features of this property?
This property features: 19,200 SF Class A office building built in 2014 in Sky Center; Two available suites: 3,100 SF (Suite 202) on the 2nd floor and 6,500 SF on the 3rd floor; 2nd‑floor Suite 202 includes multiple private offices, reception, waiting room, breakroom, and dedicated restrooms
