Property summary
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
VerifiedCap rate & NOI
Current use
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Eye Care Center Optometrist
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Physician
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(Bike/Boat/Book/etc) Store
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Physician
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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