Single-Tenant Medical
For Sale
Contact for pricing
2001 S Glenburnie Rd, New Bern, NC 28562
Single-tenant outpatient medical office with existing medical infrastructure, occupied by an eye care center on Glenburnie Road.
Property Size4,950 SF
Price / SF$338.59
Days on Market161
Property Features for 2001 S Glenburnie Rd
General Information
Standard status
Active
Size
4,950 SF
Property subtype
OFFICE
Occupancy
100%
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Office Units
1
Building Details
Buildings
1
Building Size
4,950 SF
Tenancy
Single
Listing Agency:
The Overton Group
(252) 702-0680
Listed By:
John VanCoutren · License #304027
(252) 702-0680
Source:
Moodyscre
Added: Feb 19
Changed: Jul 30
Last Checked: Jul 30 at 4:58PM
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 The Overton Group
Investment Insights
Based on property information with market context.
This single-tenant outpatient medical office totals 4,950 SF and is currently occupied by an Eye Care Center. The property is supported by existing medical infrastructure, which can help reduce the burden of replacement and supports continuity for healthcare use.
The building is positioned along Glenburnie Road in New Bern’s primary commercial corridor, with direct connectivity to US-70. That placement is designed for accessibility and visibility to patients and caregivers moving through the area.
With adaptable medical infrastructure, the property is positioned to support a range of healthcare uses, supporting flexibility for future tenancy while remaining grounded in the needs of an outpatient care setting.
The building is positioned along Glenburnie Road in New Bern’s primary commercial corridor, with direct connectivity to US-70. That placement is designed for accessibility and visibility to patients and caregivers moving through the area.
With adaptable medical infrastructure, the property is positioned to support a range of healthcare uses, supporting flexibility for future tenancy while remaining grounded in the needs of an outpatient care setting.
Key Highlights
- 4,950 SF single‑tenant outpatient medical office
- Currently occupied by an Eye Care Center
- Existing medical infrastructure built for healthcare use
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 | $138.4k | $27.96 |
| − Vacancy | −$19.0k | −$3.83 |
| EGI | $119.4k | $24.13 |
| − OpEx | −$29.9k | −$6.03 |
| NOI | $89.6k | $18.10 |
4,950 SF · lease $27.96/SF/yr · vacancy 13.70% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.28M
$1.12M – $1.49M
NOI $89,581 @ 7.0% cap · market cap 5.34%
Second Best
Healthcare Medical
$956.9K
$837.3K – $1.12M
NOI $66,985 @ 7.0% cap · market cap 4.00%
Theoretical Best
Office A
$1.63M
$1.43M – $1.90M
NOI $114,240 @ 7.0% cap · market cap 6.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Office units
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,316
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 28562, NC
39,375
Population
18,812
Households
2.1
Avg Household Size
45
Median Age
33%
College-Educated
93%
High-School Grad
151.7 sq mi
ZIP Area
260
Density / Sq Mi
$74,620
Median Household Income
$40,215
Median Earnings
$1,131
Median Rent
$246,400
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Similar Off Market Nearby
- The Pet Hospital Of New Bern — 1804 S Glenburnie Rd, New Bern, NC 28562
- Eastern Equine Associates — 2002 S Glenburnie Rd Suite 3C, New Bern, NC 28562
Frequently Asked Questions
What type of property is this?
Medical Office Space - Single-tenant outpatient medical office with existing medical infrastructure, occupied by an eye care center on Glenburnie Road.
Where is this medical office space located?
The property is located at 2001 S Glenburnie Rd New Bern, NC.
What is the asking price?
The asking price for this property is $1,676,000.
What are key features of this property?
This property features: 4,950 SF single‑tenant outpatient medical office; Currently occupied by an Eye Care Center; Existing medical infrastructure built for healthcare use
