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Medical Office Building with Clinical Build-Out

2660 Tate Boulevard, Hickory, NC 28602

For Sale
New
Contact for pricing

Medical tenants include a hospital affiliate and an oncology practice with a newly signed long-term lease.

Property SizeContact for details
Days on Market3

Property Features for 2660 Tate Boulevard

General Information

Standard status Active
Property subtype Office

Additional Details

Tenant in Place Yes
Property Use Medical Office
Medical Specialty cardiology, oncology

Building Details

Tenancy Multi
Listing Agency: MPV Properties
Listed By: Ferris Edwards · License NC #308212
Source: Crexi
Added: Nov 8 Changed: Nov 10 Last Checked: Nov 10 at 7:01AM

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 MPV Properties

Rey
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Investment Insights

Based on property information with market context.

This medical office building has 10,136 SF of vacancy and approximately 3,300 SF occupied under a month-to-month lease. FryeCare Cardiology, a Duke LifePoint Health hospital affiliate, occupies the entire first floor, representing 48% of the property, in a specialized medical build-out. Southern Oncology Specialists signed a new 10-year lease in 2025. Existing leases include gross structures, and some rents are below market; leases mature at different times.

The property is in Hickory’s established medical corridor, minutes from two regional hospitals and near complementary medical providers and retail amenities.

Key Highlights

  • FryeCare Cardiology occupies the full first floor, or 48%, in a specialized medical build‑out
  • 10,136 SF of existing vacancy
  • Approximately 3,300 SF is leased month‑to‑month

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

FryeCare Heart Diagnostics Medical Clinic Philip Paspa, MD Physician John Morrison, MD Physician Piedmont Cardiology Associates Medical Group Richard D. Schultz, ... Physician

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency Electrical Service Bakery (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

136
Businesses Nearby

Demographics for 28602, NC

29,184
Population
12,941
Households
2.3
Avg Household Size
42
Median Age
18%
College-Educated
87%
High-School Grad
70.7 sq mi
ZIP Area
413
Density / Sq Mi
$56,031
Median Household Income
$36,519
Median Earnings
$830
Median Rent
$180,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office building - Medical tenants include a hospital affiliate and an oncology practice with a newly signed long-term lease.
Where is this office building located?
The property is located at 2660 Tate Boulevard Hickory, NC.
What is the asking price?
The asking price for this property is $8,000,000.
What are key features of this property?
This property features: FryeCare Cardiology occupies the full first floor, or 48%, in a specialized medical build‑out; 10,136 SF of existing vacancy; Approximately 3,300 SF is leased month‑to‑month
(704) 367-5022 Call to check price and availability
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