Property summary
This exceptional 6,497 square foot medical office building presents a compelling investment opportunity in Lillington, North Carolina. Situated on a sizable 0.92-acre lot, the property boasts ample parking for staff and patients. The interior layout is well-designed and functional, featuring 25 individual offices or exam rooms, providing flexibility for a variety of medical practices. Eight bathrooms and two kitchenettes ensure convenience for both staff and patients. A large reception and waiting area creates a welcoming and efficient patient flow. Currently, the property benefits from a secure, six-year lease with a credit-worthy tenant, providing immediate and consistent cash flow. The lease includes a favorable option for a five-year renewal, offering long-term stability and predictable income. The monthly base rent is $8,368, translating to a competitive $15.69 per square foot. Annual rent increases are built into the lease, protecting against inflation and ensuring growing returns on investment. This property offers a rare combination of size, location, and secure tenancy, making it an ideal acquisition for investors seeking a stable and appreciating asset in the thriving healthcare sector. The ample parking and convenient location further enhance its appeal.
Property profile
VerifiedCap rate & NOI
Current use
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Medical Clinic
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Pediatrician Physician
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Physician
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Physician
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Physician
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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