Medical Office Investment
2261 Nash Street Northwest Wilson, NC 27896
For Sale
Contact for pricing
Pending
Leased medical office building for sale in Wilson, NC.
Property Size3,258 SF
Days on Market63
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
Changed: Jul 10
Last Checked: Jul 27 at 2:17AM
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.
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 authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
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.
