Free-Standing Medical Office
900 Dennis Road Jacksonville, NC 28546
900 Dennis Road, Jacksonville, NC, 28546
$2,950,000
For Sale
$2,950,000
Free-standing 12,026 SF office building with reception, multiple exam and office rooms, and two restrooms plus kitchen.
Property Size12,026 SF
Price / SF$245.30
Days on Market436
Property Features for 900 Dennis Road
General Information
- Standard status
- Active
- Size
- 12,026 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 2010
Listing agency
Ray Properties, INC
(910) 388-6620
Listed by
Matt Ray · License #266827
(910) 388-6620
Source
Xome
Added: May 13, 2025 Updated: Jul 21 at 12:25PM Checked: Jul 21 at 12:25PM
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 Ray Properties, INC
Investment Insights
Based on property information with market context.
This free-standing office building offers a tenant-ready medical-oriented layout with a reception area and lobby, 39 offices, an exam room, a conference room, and multiple supporting rooms including copy and resource areas. Interior improvements also include a full kitchen, a break room, six 2-fixture restrooms, and additional storage.
The property is located in Jacksonville, North Carolina off the Western Blvd corridor, at 900 Dennis Road.
As presented, the building is described as well-maintained and in excellent condition, and includes a long-term tenant in place, supporting a 1031 exchange scenario.
The property is located in Jacksonville, North Carolina off the Western Blvd corridor, at 900 Dennis Road.
As presented, the building is described as well-maintained and in excellent condition, and includes a long-term tenant in place, supporting a 1031 exchange scenario.
Key Highlights
- 12,026 SF free‑standing office building built in 2010
- Includes reception and lobby, conference room, resource center, and multiple office and exam rooms
- 39 offices plus an exam room, full kitchen, break room, and storage
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 | $259.8k | $21.60 |
| − Vacancy | −$11.7k | −$0.97 |
| EGI | $248.1k | $20.63 |
| − OpEx | −$99.2k | −$8.25 |
| NOI | $148.8k | $12.38 |
12,026 SF · lease $21.60/SF/yr · vacancy 4.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$2.13M
$1.86M – $2.48M
NOI $148,843 @ 7.0% cap · market cap 5.05%
Second Best
Office B
$1.97M
$1.72M – $2.30M
NOI $137,998 @ 7.0% cap · market cap 4.68%
Theoretical Best
Office A
$2.61M
$2.29M – $3.05M
NOI $182,872 @ 7.0% cap · market cap 6.20%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Dr. Susan Jensen
Physician
One Place
Daycare Center
Onslow County Partnership ...
Association Or Organization
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Free-standing 12,026 SF office building with reception, multiple exam and office rooms, and two restrooms plus kitchen.
Where is this office building located?
The property is located at 900 Dennis Road Jacksonville, NC.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: 12,026 SF free‑standing office building built in 2010; Includes reception and lobby, conference room, resource center, and multiple office and exam rooms; 39 offices plus an exam room, full kitchen, break room, and storage
