Leased Medical Office
341 S Mcpherson Church Rd Fayetteville, NC 28303
For Sale
$4,353,950
Three fully leased medical office buildings are occupied by Rainbow Pediatrics under NNN lease structures.
Property Size15,931 SF
Price / SF$273.30
Days on Market34
Property Features for 341 S Mcpherson Church Rd
General Information
Standard status
Active
Size
15,931 SF
Property subtype
Office
Listing Agency:
(910) 861-0449
Listed By:
Patrick Murray, CCIM, SIOR · License #NC #231098
(910) 861-0449
Source:
Grantmurrayre
Added: Jun 24
Changed: Jul 23
Last Checked: Jul 27 at 3:31AM
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 Patrick Murray, CCIM, SIOR
Investment Insights
Based on property information with market context.
This three-property medical office portfolio totals 15,931 square feet and is fully leased to Rainbow Pediatrics across all sites. Each building is purpose-built for pediatric use, with modern exam rooms, efficient layouts designed to support patient throughput, and dedicated administrative areas. Ownership is structured with NN lease terms, which are intended to reduce landlord operational responsibilities while maintaining consistent rental income.
Rainbow Pediatrics has served the Fayetteville, NC area since 2005, and the business recently committed to new long-term leases at all three locations. The leases include scheduled annual rent increases and multiple renewal options, supporting predictable, increasing cash flow. The lease term extends through January 2032.
The portfolio is positioned along high-traffic corridors near key healthcare services, aligning the properties with an established demand base for pediatric care.
Rainbow Pediatrics has served the Fayetteville, NC area since 2005, and the business recently committed to new long-term leases at all three locations. The leases include scheduled annual rent increases and multiple renewal options, supporting predictable, increasing cash flow. The lease term extends through January 2032.
The portfolio is positioned along high-traffic corridors near key healthcare services, aligning the properties with an established demand base for pediatric care.
Key Highlights
- Portfolio of three fully leased medical office buildings totaling 15,931 SF
- All space is occupied by Rainbow Pediatrics under NNN lease structures
- Rainbow Pediatrics has been the tenant since 2005
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 | $325.0k | $20.40 |
| − Vacancy | −$65.3k | −$4.10 |
| EGI | $259.7k | $16.30 |
| − OpEx | −$64.9k | −$4.07 |
| NOI | $194.8k | $12.22 |
15,931 SF · lease $20.40/SF/yr · vacancy 20.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.78M
$2.43M – $3.25M
NOI $194,752 @ 7.0% cap · market cap 4.47%
Second Best
Healthcare Medical
$2.36M
$2.06M – $2.75M
NOI $165,173 @ 7.0% cap · market cap 3.79%
Theoretical Best
Office A
$3.49M
$3.05M – $4.07M
NOI $244,394 @ 7.0% cap · market cap 5.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Medical center - Three fully leased medical office buildings are occupied by Rainbow Pediatrics under NNN lease structures.
Where is this medical center located?
The property is located at 341 S Mcpherson Church Rd Fayetteville, NC.
What is the asking price?
The asking price for this property is $4,353,950.
What are key features of this property?
This property features: Portfolio of three fully leased medical office buildings totaling 15,931 SF; All space is occupied by Rainbow Pediatrics under NNN lease structures; Rainbow Pediatrics has been the tenant since 2005
