Property summary
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
VerifiedCap rate & NOI
Current use
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Home Appliance Store IT Consulting Firm
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Physician
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Physician
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Pediatrician Physician
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Medical Clinic
Location
Value estimations
Owner & transaction history
Zoning & alternative use
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
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
LO-S · Clemmons, NCThe 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
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
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
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for LO-S in Clemmons, NC.
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Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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