812 Van Buren Rd Eden, NC 27288
Property profile & analytics
Location Intelligence
Current Use by Public Records
- Doctors Vision Center / Eye Care Center / Optometrist
- Dustan Martin, OD / Physician
- MyEyeDr. / (Bike/Boat/Book/etc) Store
- Dustan Christ Martin / Physician
Property Details for 812 Van Buren Rd
- Lot size
- 0.34 lot acres
- Property type
- Office Spaces
- Property subtype
- Medical Office Space
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Eden
- County
- Rockingham
- State
- North Carolina
- Longitude
- -79.7386
- Latitude
- 36.4853
