Medical Hub Investment
For Sale
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320 Jake Alexander Boulevard West, Salisbury, NC 28147
Prime medical office space in thriving Salisbury location for sale.
Property Size10,871 SF
Days on Market172
Property Features for 320 Jake Alexander Boulevard West
General Information
Standard status
Active
Size
10,871 SF
Property subtype
Office
Building Details
Building Size
10,871 SF
Listing Agency:
MPV Properties
Listed By:
Mark Newell · License #111045
(704) 248-2100
Source:
Commercialcafe
Added: Mar 27
Changed: Sep 8
Last Checked: Sep 13 at 4:17AM
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 MPV Properties
Investment Insights
Based on property information with market context.
Located in Salisbury, at the heart of the I-85 Charlotte–Greensboro corridor, this property benefits from a high-traffic location on W. Jake Alexander Blvd, which sees 36,500 vehicles daily. The property is situated within a thriving medical hub, near Novant Health Piedmont Neurosurgery & Spine and Atrium Health Urgent Care. The location is ideal for medical office space and other commercial real estate ventures. The area has a substantial population, with nearly 4 million residents within a 60-mile radius. The property is occupied by Commonwealth Pain & Spine, which has over 39 locations and plans to expand nationally by 2030, and Select Physical Therapy, which has over 1,900 centers. Commonwealth Pain & Spine has annual escalations of 2.4% through the base term and 2.5% through options, while Select Physical Therapy has 2.0% annual increases.
Key Highlights
- Located in the high‑traffic I‑85 Charlotte–Greensboro corridor (36,500 vehicles daily).
- Anchored by credit tenants: Commonwealth Pain & Spine and Select Physical Therapy.
- Located within a thriving medical hub with synergistic tenants (Novant Health, Atrium Health).
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
411
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 28147, NC
26,618
Population
10,095
Households
2.6
Avg Household Size
40
Median Age
19%
College-Educated
86%
High-School Grad
77.6 sq mi
ZIP Area
343
Density / Sq Mi
$59,770
Median Household Income
$36,118
Median Earnings
$1,036
Median Rent
$241,600
Median Home Value
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Prime medical office space in thriving Salisbury location for sale.
Where is this medical office space located?
The property is located at 320 Jake Alexander Boulevard West Salisbury, NC.
What are key features of this property?
This property features: Located in the high‑traffic I‑85 Charlotte–Greensboro corridor (36,500 vehicles daily).; Anchored by credit tenants: Commonwealth Pain & Spine and Select Physical Therapy.; Located within a thriving medical hub with synergistic tenants (Novant Health, Atrium Health).
