Medical Office Suite with Exam
For Sale
$898,000
610 State Farm Road, Boone, NC 28607
COMMERCIAL - Boone, NC
Days on Market122
Property Features for 610 State Farm Road
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
Glen Wilde
Standard status
Active
Building Details
Year built
2004
Listing Agency:
Boone Real Estate
(828) 265-1021
Listed By:
Robert de Camara
(828) 964-3499
Added: Apr 1
Changed: Jul 16
Last Checked: Jul 31 at 1:06AM
MLS# 260861
Copyright © 2026 High Country Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This centrally positioned medical office suite was built in 2012 and is configured for clinical use. The main office area includes a reception area with vaulted tongue-and-groove ceilings, recessed lighting, and a spacious reception desk with granite countertops. Interior finishes include a bamboo floor in the main office. The layout provides five exam/treatment rooms, two private offices, and a smaller office currently used as storage. A waiting room is supported by two upgraded restrooms and a kitchen. A large meeting room at the rear includes cork floors and a private entrance, and additional improvements include an upgraded restroom, an audiology/feedback room, a mechanical room, and extra storage.
The property is offered as a for-sale investment with an established five-year lease and approximately four and a half years remaining. Rent is currently $48,000 per year and increases annually. The lease is triple net, with the tenant responsible for real estate taxes, hazard insurance, POA fees, and all maintenance. Showings require 24 hours’ notice and are available Fridays through Sundays and other weekdays between 6:00 and 8:00 PM.
The property is offered as a for-sale investment with an established five-year lease and approximately four and a half years remaining. Rent is currently $48,000 per year and increases annually. The lease is triple net, with the tenant responsible for real estate taxes, hazard insurance, POA fees, and all maintenance. Showings require 24 hours’ notice and are available Fridays through Sundays and other weekdays between 6:00 and 8:00 PM.
Key Highlights
- Medical office space built in 2004 with a five‑year lease in place; about 4.5 years remaining
- Current lease rent is $48,000/yr and increases every year; triple net (tenant pays taxes, hazard insurance, POA fees, and maintenance)
- Offered at a 5.34% CAP rate
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,524
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 28607, NC
35,495
Population
16,726
Households
2.1
Avg Household Size
27
Median Age
54%
College-Educated
92%
High-School Grad
101.7 sq mi
ZIP Area
349
Density / Sq Mi
$44,132
Median Household Income
$13,485
Median Earnings
$1,081
Median Rent
$339,200
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 - Medical office built in 2012 featuring five exam/treatment rooms, private offices, and waiting area with upgraded restrooms.
Where is this medical office space located?
The property is located at 610 State Farm Road Boone, NC.
What is the asking price?
The asking price for this property is $898,000.
What are key features of this property?
This property features: Medical office space built in 2004 with a five‑year lease in place; about 4.5 years remaining; Current lease rent is $48,000/yr and increases every year; triple net (tenant pays taxes, hazard insurance, POA fees, and maintenance); Offered at a 5.34% CAP rate
