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    FOR LEASE
    Medical Office Space

    142 Paraclete Dr, Raeford, NC 28376

    19,884 SF 1.53 ac lot Built 2013
    Entity Owned 12-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US53-4935889
    Property summary
    AI-generated overview

    The Sky Center, a Class A, three-story office building (19,200 square feet) in Raeford, NC, offers exceptional space for lease. Located at 142 Paraclete Dr (Fayetteville Rd @ Brock Rd), this 2014-built property sits on 1.5 acres and features 72 parking spaces. A fully-equipped, 6,500-square-foot medical office suite is immediately available on the third floor. This space is ideally suited for medical practices, previously housing an orthopedic office. The layout includes nine exam rooms (approx. 9'x11'), two physician offices (10'x11'6"), a large gym (49'x18'), an X-ray room (9'2"x18'6"), an OT treatment room (11'6"x19'), triage rooms, a break room, storage areas, a reception/waiting area, and administrative offices. The building also offers a second-floor shell space (up to 6,500 square feet) that is divisible. The building is zoned HC-Highway Commercial (APN: 494660201300) and includes one elevator. The lease rate for the third-floor medical suite is $25.85 per square foot annually on a NNN basis ($14,000 per month). The property's convenient location near Hwy 401 makes it easily accessible.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL BUILDING
    Year built 2013
    Total area 19,884 SF
    Lot 1.53 ac (66,690 SF)
    APN 494660201300
    UPID US53-4935889
    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
    • Dr. Jason Lowe Physician
    • James Patrick James Physician
    • Edwin Carraway Newman Iii Physician
    • JENNIFER KATE STODDARD Physician Medical Clinic
    • Tracey Laureles Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.64M
    Blend (final) Blend
    $1.82M
    Owner & transaction history
    Sky Center LLC · 12 yrs held
    Sky Center LLC
    since 2013
    1 recorded transaction
    2013
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Retail stores $2.1M +41.0%
    Office building $2.0M +37.3%
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    More about this property
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