510 Emergency Drive, Lexington, NC 27292
Single-tenant NNN orthopedic clinic on Atrium Health campus with a new five-year lease extension.
- Added:
- Jun 1, 2026
- Days on Market:
- 8
- Last Refresh:
- Jun 6 at 3:34 am
Property Features for 510 Emergency Drive
General Information
- Standard status
- Active
- Size
- 13,671 SF
- Lot size
- 5.23 Acres
- Property subtype
- Office
Listing agent Ben Bloodworth License #NC 263200
Listing office Linville Team Partners
Listing date Jun 1, 2026
Source Crexi
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 Linville Team Partners
HighLights
- Single‑tenant, 13,671 SF NNN orthopedic clinic on Atrium Health’s hospital campus
- Located on 5.23 acres on the hospital campus
- Atrium has signed a brand new 5‑year lease extension
- Clinic is across from the hospital’s entrance
Overview
The clinic is located at 510 Emergency Drive in Lexington, NC, and it sits on Atrium Health’s hospital campus directly across from the hospital entrance. This placement supports straightforward access and visibility to the hospital environment for orthopedic care operations.
For buyers seeking a healthcare-focused, NNN structure, this asset is anchored by Atrium Health. Atrium has signed a brand new five-year lease extension, providing continuity for the clinic’s use within their orthopaedic services footprint. The property’s campus location and entrance-facing position are practical considerations for an operator that needs convenient, mission-driven access to the hospital setting.
Local Financial Insights For Healthcare Medical
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 | $344.5k | $25.20 |
| − Vacancy | −$36.2k | −$2.65 |
| EGI | $308.3k | $22.55 |
| − OpEx | −$123.3k | −$9.02 |
| NOI | $185.0k | $13.53 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lexington
- County
- Davidson
- State
- North Carolina
- Longitude
- -80.2852899
- Latitude
- 35.8075638
