812 Van Buren Rd Eden, NC 27288
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.
-
Doctors Vision Center Optometrist Eye Care Center
-
Dustan Martin, OD Physician
-
MyEyeDr. (Bike/Boat/Book/etc) Store
-
Dustan Christ Martin Physician
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
Similar Nearby for Lease
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.