Two-Story Medical Office
For Sale
Contact for pricing
275 N Highway 16, Denver, NC 28037
Fully leased healthcare facility serving multiple medical practices under NNN lease structures.
Property Size23,142 SF
Days on Market8
Property Features for 275 N Highway 16
General Information
Standard status
Active
Size
23,142 SF
Property subtype
Office
Occupancy
100%
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Buildings
1
Stories
2
Building Size
23,142 SF
Tenancy
Multi
Listed By:
Chris Bunko · License #449106
Source:
Crexi
Added: Sep 15
Changed: Sep 18
Last Checked: Sep 22 at 1:46PM
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 Chris Bunko
Investment Insights
Based on property information with market context.
Catawba Springs Commons is a 23,142-square-foot, two-story medical office building at 275 N. Highway 16 in Denver, North Carolina. The property is fully leased to eight healthcare practices, with occupants representing dentistry, primary care, dermatology, chiropractic care, pain management, physical rehabilitation, and hospice and palliative care. The building’s tenant mix provides a range of healthcare services within one professional setting.
Leases include NNN structures and contractual annual escalations ranging from 1.5% to 3.0%. The weighted average lease term remaining is approximately 3.5 years. The property is located in the West Lake market and serves as a dedicated medical office facility for established healthcare users.
Leases include NNN structures and contractual annual escalations ranging from 1.5% to 3.0%. The weighted average lease term remaining is approximately 3.5 years. The property is located in the West Lake market and serves as a dedicated medical office facility for established healthcare users.
Key Highlights
- 23,142‑square‑foot, two‑story medical office building
- 100% leased to eight healthcare practices
- Tenant mix includes dentistry, primary care, dermatology, chiropractic, pain management, rehabilitation, and hospice care
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
560
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 28037, NC
25,596
Population
11,930
Households
2.1
Avg Household Size
46
Median Age
46%
College-Educated
96%
High-School Grad
44.7 sq mi
ZIP Area
573
Density / Sq Mi
$109,779
Median Household Income
$54,345
Median Earnings
$1,126
Median Rent
$455,700
Median Home Value
Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Fully leased healthcare facility serving multiple medical practices under NNN lease structures.
Where is this medical office space located?
The property is located at 275 N Highway 16 Denver, NC.
What are key features of this property?
This property features: 23,142‑square‑foot, two‑story medical office building; 100% leased to eight healthcare practices; Tenant mix includes dentistry, primary care, dermatology, chiropractic, pain management, rehabilitation, and hospice care
