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Property profile & analytics
OFF-MARKET
Office Spaces

812 Van Buren Rd Eden, NC 27288

3,400 SF 0.34 ac lot
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a 3,400 square foot medical office building in Eden, North Carolina, currently boasting 100% occupancy with two tenants. Located at 812 S Van Buren Rd, 27288, this property offers a compelling 8.50% cap rate and a strong net lease structure (NN) with annual rent bumps of 1% at the beginning of each year. The asking price is $671,653, translating to $197.54 per square foot. The building sits on a 0.34-acre lot and benefits from its strategic location as an outparcel of Eden Centre, a shopping center anchored by prominent retailers, Food Lion and Tractor Supply Co. This prime location ensures excellent visibility and accessibility from S Van Buren Road, a high-traffic thoroughfare with 20,000 vehicles per day. Furthermore, the property's proximity to UNC Health Rockingham, a 108-bed community hospital less than a mile away, enhances its desirability and potential for long-term growth. The current Net Operating Income (NOI) stands at $57,090. This is a rare opportunity to acquire a stable, high-performing medical office investment in a desirable location. The property's strong tenant base, favorable lease terms, and strategic positioning make it an attractive addition to any investment portfolio.

Property profile
Verified
Property type Office Spaces
Total area 3,400 SF
Lot 0.34 ac (14,810 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Doctors Vision Center Optometrist Eye Care Center
  • Dustan Martin, OD Physician
  • MyEyeDr. (Bike/Boat/Book/etc) Store
  • Dustan Christ Martin Physician
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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