Partially Leased Medical Office
711 Tilghman Drive, Dunn, NC 28334
For Sale
Contact for pricing
A pediatric dental practice occupies space under a long-term NNN lease, with additional area currently unoccupied.
Property Size5,000 SF
Lot Size0.85 Acres
Price / SF$261.47
Days on Market29
Property Features for 711 Tilghman Drive
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Highway Access
Road Access
Additional Details
Tenant in Place
Property Use
Medical Specialty
Building Details
Buildings
Building Size
Tenancy
Listing Agency:
Matthews
Listed By:
Michael Moreno · License CA #01982943
(818) 522-4497
Source:
Crexi
Added: Oct 12
Changed: Nov 8
Last Checked: Nov 8 at 3:36PM
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 Matthews
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Investment Insights
Based on property information with market context.
This 5,000-square-foot medical office building occupies a 0.85-acre parcel in Dunn, North Carolina. NC Pediatric Dentistry is the tenant, with 1,718 square feet of the building currently vacant. The NNN lease has more than 14 years remaining and provides for 3% annual increases. Independence covers operating expenses for the full building.
The property is on Tilghman Drive, on the same street as Betsy Johnson Hospital, and Dunn is located along the I-95 corridor in Harnett County.
The property is on Tilghman Drive, on the same street as Betsy Johnson Hospital, and Dunn is located along the I-95 corridor in Harnett County.
Key Highlights
- 5,000‑square‑foot medical office building on a 0.85‑acre parcel
- NC Pediatric Dentistry tenant under a NNN lease with more than 14 years remaining
- 1,718 square feet currently vacant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$59,607
Cap Rate
4.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,192,140
$1.2M
Cap Rate 7%
$851,529
$851.5K
Cap Rate 9%
$662,300
$662.3K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$111.0K $22.20/SF
− Vacancy
−$11.7K −$2.33/SF
EGI
$99.3K $19.87/SF
− OpEx
−$39.7K −$7.95/SF
NOI
$59.6K $11.92/SF
Area
Harnett County, NC
Vacancy
10.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,192,140
Cap Rate 7%
$851,529
Cap Rate 9%
$662,300
Alternative Uses
Best Use
Healthcare Medical
$851.5K
$745.1K – $993.5K
NOI $59,607 @ 7.0% cap · market cap 4.56%
Second Best
Office B
$778.3K
$681.1K – $908.1K
NOI $54,484 @ 7.0% cap · market cap 4.17%
Theoretical Best
Office A
$1.09M
$952.4K – $1.27M
NOI $76,190 @ 7.0% cap · market cap 5.83%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
586
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 28334, NC
23,697
Population
10,339
Households
2.3
Avg Household Size
42
Median Age
18%
College-Educated
86%
High-School Grad
160.3 sq mi
ZIP Area
148
Density / Sq Mi
$54,527
Median Household Income
$37,967
Median Earnings
$826
Median Rent
$171,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- ShotVet at Petsense — 1128 W Broad St, Dunn, NC 28334
Frequently Asked Questions
What type of property is this?
Medical Office Space - A pediatric dental practice occupies space under a long-term NNN lease, with additional area currently unoccupied.
Where is this medical office space located?
The property is located at 711 Tilghman Drive Dunn, NC.
What is the asking price?
The asking price for this property is $1,307,372.
What are key features of this property?
This property features: 5,000‑square‑foot medical office building on a 0.85‑acre parcel; NC Pediatric Dentistry tenant under a NNN lease with more than 14 years remaining; 1,718 square feet currently vacant
