Medical Office Investment
2261 Nash Street Northwest Wilson, NC 27896
2261 Nash Street Northwest, Wilson, NC, 27896
Contact for pricing
For Sale
Contact for pricing
Pending
Leased medical office building for sale in Wilson, NC.
Property Size3,258 SF
Days on Market54
Property Features for 2261 Nash Street Northwest
General Information
- Standard status
- Pending
- Size
- 3,258 SF
- Property subtype
- Office
Building Details
- Year Built
- 1980
Listed by
Kerry Yow · License #306158
Source
Crexi
Added: May 26 Checked: Jul 17 at 8:02 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 Kerry Yow
Investment Insights
Based on property information with market context.
This is a fully leased medical office investment property located in Wilson, NC. The building has a total area of approximately 3,258 square feet. The property is offered at an 8% cap rate and features an established medical tenant. The current lease has approximately three years remaining, with one three-year renewal option. Recent improvements to the property include a new roof installed in 2023, along with new tile and carpet flooring, interior paint and trim, and a water heater planned for 2026.
Key Highlights
- Fully leased medical office investment property.
- Attractive 8% capitalization rate.
- Established medical tenant in place.
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 | $68.4k | $21.00 |
| − Vacancy | −$13.7k | −$4.20 |
| EGI | $54.7k | $16.80 |
| − OpEx | −$13.7k | −$4.20 |
| NOI | $41.1k | $12.60 |
3,258 SF · lease $21.00/SF/yr · vacancy 20.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$586.4K
$513.1K – $684.2K
NOI $41,051 @ 7.0% cap · market cap 5.22%
Second Best
Healthcare Medical
$542.5K
$474.7K – $632.9K
NOI $37,972 @ 7.0% cap · market cap 4.82%
Theoretical Best
Office A
$782.0K
$684.2K – $912.3K
NOI $54,738 @ 7.0% cap · market cap 6.96%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
David Fulford
Physician
Tikia Yelverton
Physician
Tonya Rhodes
Foster Care Service
Mindpath Health - Wilson
Crisis Center
Dr. Vijay Swahari
Physician
Similar For Sale Nearby
Similar Off Market Nearby
- Brandywine Veterinary Hospital — 4506 Nash St N, Wilson, NC 27896
- Bruton Catherine DVM — 4508 Nash St N, Wilson, NC 27896
FAQs
What type of property is this?
Medical Office Space - Leased medical office building for sale in Wilson, NC.
Where is this medical office space located?
The property is located at 2261 Nash Street Northwest Wilson, NC.
What is the asking price?
The asking price for this property is $787,000.
What are key features of this property?
This property features: Fully leased medical office investment property.; Attractive 8% capitalization rate.; Established medical tenant in place.
