Medical Office Investment
For Sale
Contact for pricing
795 US-64, Plymouth, NC 27962
Single-tenant medical office with long-term lease and annual rent increases.
Property Size3,886 SF
Price / SF$292.30
Days on Market1267
Property Features for 795 US-64
General Information
Standard status
Active
Size
3,886 SF
Class
B
Total Parking Spaces
26
Property subtype
Office
Zoning
C2, Neighborhood Business
Occupancy
100%
Lease Type
Net
Investment Type
Net Lease
Net Operating Income
$71,500
Building Details
Year Built
2005
Year Renovated
2020
Buildings
1
Stories
1
Units
1
Tenancy
Multi
Listing Agency:
KW Commercial VG Realty
(919) 475-5769
Listed By:
Vandan Gandhi · License #NC #247850
Source:
Crexi
Added: Mar 3, 2023
Changed: Aug 8
Last Checked: Aug 8 at 4:34AM
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 KW Commercial VG Realty
Investment Insights
Based on property information with market context.
This single-tenant medical office building offers approximately 3,886 square feet of space. The property is currently under a 10-year lease executed in 2022 with a healthcare tenant, providing long-term income visibility. The building was fully renovated in 2020 and is purpose-built for medical use, featuring multiple exam rooms, a nurse’s station, private offices, restrooms, and a breakroom. The lease includes 2% annual rent increases. Situated along US-64 East with an average annual daily traffic count of approximately 14,500, the property benefits from high visibility and accessibility. It is located directly across from Washington Regional Medical Center. Nearby retail and service businesses further support consistent traffic to the area. This property is suited for investors seeking steady income and long-term hold security.
Key Highlights
- Long‑term (10‑year) lease with a healthcare tenant, providing stable and predictable income.
- Located directly across from Washington Regional Medical Center, ensuring consistent medical demand and tenant stability.
- Fully renovated in 2020, minimizing near‑term capital expenditures.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
158
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 27962, NC
6,788
Population
3,678
Households
1.8
Avg Household Size
47
Median Age
9%
College-Educated
86%
High-School Grad
85.0 sq mi
ZIP Area
80
Density / Sq Mi
$42,342
Median Household Income
$33,900
Median Earnings
$826
Median Rent
$96,500
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Single-tenant medical office with long-term lease and annual rent increases.
Where is this medical office space located?
The property is located at 795 US-64 Plymouth, NC.
What is the asking price?
The asking price for this property is $1,135,872.
What are key features of this property?
This property features: Long‑term (10‑year) lease with a healthcare tenant, providing stable and predictable income.; Located directly across from Washington Regional Medical Center, ensuring consistent medical demand and tenant stability.; Fully renovated in 2020, minimizing near‑term capital expenditures.
