Medical Office
For Lease
Contact for pricing
905 Johns Hopkins Dr, Greenville, NC 27834
Fully leased medical office building on a multi-acre site adjacent to ECU Health Medical Center and the Brody School of Medicine.
Space Size20,458 SF
Lot Size4.35 Acres
Days on Market182
Property Features for 905 Johns Hopkins Dr
General Information
Standard status
Active
Size
20,458 SF
Lot size
4.35 Acres
Property subtype
OFFICE
Occupancy
100%
Lease Type
NNN
Additional Details
Cap Rate
8.21%
Building Details
Tenancy
Single
Spaces For Lease
at 905 Johns Hopkins Dr
905 JOHNS HOPKINS DRIVE MEDICAL OFFICE
$16.50/SF/Yr
Size
20,458 SF
Type
OFFICE
Lease Type
NNN
Availability
AVAILABLE
905 Johns Hopkins Drive is a 20,458 SF medical office building located on a 4.35-acre site adjacent to ECU Health Medical Center and the Brody School of Medicine in Greenville, NC.
The property is fully leased to ECU Physicians, with rent backed by the State of North Carolina (AA- credit) and annual 2%escalations through February 2028.
ECU has formally notified ownership of its intent not to renew its lease upon expiration on February 29, 2028. Based on the current 2026 budget, the property is projected to generate $465,243.78 in gross rental income against estimated operating expenses of $107,973.12, resulting in a estimated net operating income (NOI) of $357,270.66.
This equates to approximately $17.46 per square foot in NOI and reflects an estimated 8.21% capitalization rate, offering investors both in-place cash flow and the potential to enhance returns through lease-up.
Key Deal Points
• 20,458 SF single-tenant medical office building on 4.35 acres
• Adjacent to ECU Health Medical Center (970 beds) and Brody School of Medicine
• Lease backed by State of North Carolina (AA- credit rating)
• In-place rent of $22.81 PSF with 2% annual escalations
• Lease term through Feb-28 with known non-renewal
• Tenated by ECU Health Behavioral Health Care Outpatient Clinic
Contact us
Listing Agency:
The Overton Group
(252) 714-8706
Listed By:
Byron Aynes · License #278747
(252) 414-1710
Source:
Moodyscre
Added: Apr 23
Changed: Oct 14
Last Checked: Oct 20 at 8:29PM
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 The Overton Group
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Investment Insights
Based on property information with market context.
905 Johns Hopkins Drive is a 20,458-square-foot medical office building on a 4.35-acre site in Greenville, NC. The property is fully leased to ECU Physicians, with rent supported by the State of North Carolina (AA- credit) and includes annual 2% escalations through February 2028.
The building is situated adjacent to ECU Health Medical Center and the Brody School of Medicine. ECU has formally notified ownership of its intent not to renew its lease upon expiration on February 29, 2028.
Per the current 2026 budget, the property is projected to generate $465,243.78 in gross rental income and $107,973.12 in estimated operating expenses, resulting in an estimated net operating income (NOI) of $357,270.66. This equates to approximately $17.46 per square foot in NOI and reflects an estimated 8.21% capitalization rate.
The building is situated adjacent to ECU Health Medical Center and the Brody School of Medicine. ECU has formally notified ownership of its intent not to renew its lease upon expiration on February 29, 2028.
Per the current 2026 budget, the property is projected to generate $465,243.78 in gross rental income and $107,973.12 in estimated operating expenses, resulting in an estimated net operating income (NOI) of $357,270.66. This equates to approximately $17.46 per square foot in NOI and reflects an estimated 8.21% capitalization rate.
Key Highlights
- 20,458 SF medical office building built in 1989 on a 4.35‑acre site in Greenville, NC.
- Adjacent to ECU Health Medical Center and the Brody School of Medicine.
- Fully leased to ECU Physicians with State of North Carolina rent‑backed credit (AA-).
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
NNN (Triple Net)
Lease Type
$2.48 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,925
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 27834, NC
55,051
Population
27,368
Households
2
Avg Household Size
34
Median Age
28%
College-Educated
88%
High-School Grad
174.3 sq mi
ZIP Area
316
Density / Sq Mi
$48,081
Median Household Income
$36,755
Median Earnings
$941
Median Rent
$161,700
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 - Fully leased medical office building on a multi-acre site adjacent to ECU Health Medical Center and the Brody School of Medicine.
Where is this medical office space located?
The property is located at 905 Johns Hopkins Dr Greenville, NC.
What is the lease rate?
The lease rate is $16.50 SF/Yr.
What are key features of this property?
This property features: 20,458 SF medical office building built in 1989 on a 4.35‑acre site in Greenville, NC.; Adjacent to ECU Health Medical Center and the Brody School of Medicine.; Fully leased to ECU Physicians with State of North Carolina rent‑backed credit (AA-).
