First-Floor Medical Office
For Sale
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610 N Fayetteville St Unit 100, Asheboro, NC 27203
Turnkey first-floor suite with exam rooms and a waiting area near Randolph Hospital, well-suited for medical or office use.
Property Size2,775 SF
Days on Market141
Property Features for 610 N Fayetteville St Unit 100
General Information
Standard status
Active
Size
2,775 SF
Listing Agency:
McKenzie Real Estate of NC LLC
Listed By:
Jenna McKenzie · License #272937
(336) 302-7497
Source:
Vickiegallimore
Added: Jun 12
Changed: Oct 25
Last Checked: Oct 7 at 4:47PM
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 McKenzie Real Estate of NC LLC
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Investment Insights
Based on property information with market context.
This first-floor medical office suite offers 2,775 square feet and was previously occupied by an internal medicine practice. The layout includes numerous exam rooms, a spacious waiting area, a large nurses station, a break room, private offices, and restrooms. The space is designed for direct patient and staff flow, with the option to operate as medical space or repurpose portions for professional office use.
The building is described as upscale, with stucco exterior and floor-to-ceiling windows that help the suite stand out at its Fayetteville Street location. The property is within one block of Randolph Hospital. A large lot provides room for plenty of parking, and the suite is available immediately.
For tenants seeking an established clinical setting, the existing configuration can reduce buildout time for specialties that benefit from exam rooms and a dedicated nurses station. For office users, the waiting area, private offices, and restrooms support a client-facing workflow. The minimum lease term is two years, and CAM fees are not included in the information provided.
The building is described as upscale, with stucco exterior and floor-to-ceiling windows that help the suite stand out at its Fayetteville Street location. The property is within one block of Randolph Hospital. A large lot provides room for plenty of parking, and the suite is available immediately.
For tenants seeking an established clinical setting, the existing configuration can reduce buildout time for specialties that benefit from exam rooms and a dedicated nurses station. For office users, the waiting area, private offices, and restrooms support a client-facing workflow. The minimum lease term is two years, and CAM fees are not included in the information provided.
Key Highlights
- First‑floor suite with 2,775 SF suitable for medical or office use
- Numerous exam rooms plus spacious waiting area
- Large nurses station, break room, private offices, and restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,474
Suggested Prices Based on Cap Rates
Cap Rate 5%
$189,480
$189.5K
Cap Rate 7%
$135,343
$135.3K
Cap Rate 9%
$105,267
$105.3K
Market Conditions
NOI Build-Up for 2,775 SF
Gross rent
$16.8K $6.06/SF
− Vacancy
−$1.0K −$0.37/SF
EGI
$15.8K $5.69/SF
− OpEx
−$6.3K −$2.28/SF
NOI
$9.5K $3.41/SF
Area
Randolph County, NC
Vacancy
6.10%
Lease Rate
$6.06 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$189,480
Cap Rate 7%
$135,343
Cap Rate 9%
$105,267
Alternative Uses
Best Use
Office B
$714.1K
$624.8K – $833.1K
NOI $49,987 @ 7.0% cap · market cap 4,998,700.00%
Second Best
Healthcare Medical
$135.3K
$118.4K – $157.9K
NOI $9,474 @ 7.0% cap · market cap 947,400.00%
Theoretical Best
Office A
$954.6K
$835.3K – $1.11M
NOI $66,821 @ 7.0% cap · market cap 6,682,100.00%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
843
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 27203, NC
21,869
Population
9,937
Households
2.2
Avg Household Size
37
Median Age
17%
College-Educated
81%
High-School Grad
22.5 sq mi
ZIP Area
972
Density / Sq Mi
$47,506
Median Household Income
$32,900
Median Earnings
$852
Median Rent
$141,100
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Medical Office Space - Turnkey first-floor suite with exam rooms and a waiting area near Randolph Hospital, well-suited for medical or office use.
Where is this medical office space located?
The property is located at 610 N Fayetteville St Unit 100 Asheboro, NC.
What are key features of this property?
This property features: First‑floor suite with 2,775 SF suitable for medical or office use; Numerous exam rooms plus spacious waiting area; Large nurses station, break room, private offices, and restrooms
