1300 Scotland Crossing Dr, Laurinburg, NC 28352
This exceptional investment opportunity presents a brand-new, 3,500 square foot medical office building in Laurinburg, North Carolina. The property is a single-tenant, corporate net lease to Aspen Dental, a leading national dental brand with over 1,000 locations. The 10-year lease commenced December 1, 2024, and expires November 30, 2034, featuring built-in rent bumps. The property boasts a strong 6.00% cap rate and a Net Operating Income (NOI) of $173,250. Situated on a 0.89-acre lot, the building was constructed in 2024 and is strategically located along a major retail corridor, benefiting from high visibility and proximity to numerous national retailers including Taco Bell, Walmart, Lowe's, and more. Its location as an outparcel to a Belk-anchored shopping center further enhances its visibility. The property also enjoys close proximity to Scotland Memorial Hospital, the largest employer in Laurinburg, and several schools, ensuring a robust potential client base. The property's location along US Highway 74 provides easy access to larger metropolitan areas and I-95, expanding its market reach. This is a compelling investment opportunity with a strong tenant, long-term lease, and excellent location in a growing market. The property is offered as a 1031 exchange opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.