Property profile

2265 Lewisville Clemmons Rd Ste A Clemmons, NC 27012

OFF-MARKET
Medical Office Space
Property ID
US53-2084982
1,675 SF 3.24 ac lot Built 1995
Entity Owned 7-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This fee-simple condo, a 1,676 square foot medical office building in Clemmons, NC, presents a compelling investment opportunity. Currently 100% occupied by a single tenant under a 10-year absolute NNN lease, the property boasts a 7.20% cap rate and a $72,000 annual net operating income (NOI). The lease includes 3% annual rent bumps, mitigating inflation risk, and offers three and five-year renewal options. Built in 1995, this property is situated at 2265 Lewisville Clemmons Rd, Suite A, Clemmons, NC 27012, benefiting from high visibility on a major thoroughfare with over 33,000 vehicles per day. The location is within a thriving commercial area, near other medical offices, national retailers, and amenities. The asking price is $1,000,000, translating to $597 per square foot. This investment offers a stable, management-free opportunity in a high-growth market, with the tenant providing a personal guarantee. The property's strong location, long-term lease, and built-in rent increases make it an attractive option for investors seeking a recession-resistant, healthcare-related asset. The tenant has been operating successfully since 1996.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1995
Construction STEEL FRAME
Total area 1,675 SF
Lot 3.24 ac (141,134 SF)
Zoning code LO-S
APN 5893-07-0096.00
UPID US53-2084982

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Home Appliance Store IT Consulting Firm
  • Physician
  • Physician
  • Pediatrician Physician
  • Medical Clinic

Location

2265 Lewisville Clemmons Rd Ste A Clemmons, NC 27012-7459
Clemmons metro Census 4012 WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$880k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$915k

Owner & transaction history

since 2018
Last sale
$985,000
1 recorded transaction
2018
$289,000

Zoning & alternative use

LO-S · Clemmons, NC
Zoning description

The purpose of LO-S zone is primarily intended to accommodate moderately intense medical, professional, administrative, and government office uses on small to mid sized sites, in a suburban setting

General category CIVIC_INSTITUTIONAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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