160 Turnberry Way Pinehurst, NC 28374-9829
This exceptional Class A medical office building, situated on a 0.91-acre lot in Pinehurst's Turnberry Wood Business Park, presents a compelling investment opportunity. The property boasts 6,853 square feet across two stories, featuring two units and 32 parking spaces. Currently 100% occupied by two strong medical tenants—Carolina Center for Oral & Facial Surgery (leased in 2022) and Osteo Strong (leased in 2023)—this net-lease investment offers a stable income stream with minimal landlord responsibilities. The building was constructed in 2016 and benefits from a favorable location at the northwest corner of Highway 15-501 and Morganton Road, providing excellent visibility and convenient access to major commercial corridors, schools, residential areas, and Pinehurst's renowned golf courses. The current lease terms are for five years with two five-year renewal options, and include a 3% annual rent bump. The property's Net Operating Income (NOI) is $153,783, resulting in an attractive 6.80% capitalization rate. The asking price is $2,250,000. The property is zoned OS and has a Moore County APN of 857105091757. This investment offers a strong return with significant upside potential.
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Carolinas Center for Oral and Facial Surgery Dental Office
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Turnberry Wood General Dentistry Dental Office
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OsteoStrong Pinehurst Physician
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
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
OS · Pinehurst, NCPinehurst. Always verify with local authorities before improvements.
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.