959 Cox Rd Gastonia, NC 28054-3420

This exceptional investment opportunity presents a 15,214-square-foot medical office building situated on a 1.67-acre lot in Gastonia, North Carolina. Currently operating under a net lease with Piedmont Plastic Surgery & Dermatology, the property boasts a strong 8.50% cap rate and a Net Operating Income (NOI) of $311,654. The lease, commencing October 1, 2016, and expiring September 30, 2026, has approximately two years remaining. Given the tenant's potential non-renewal and the presence of other medical assets in the market, this property offers a compelling owner-user opportunity for a new medical practice or an investor seeking a strong leasing potential in a thriving medical corridor. The building enjoys excellent access and visibility, situated near a major hospital within a densely populated medical area. Gastonia's robust economy, characterized by a fast-growing community committed to development and redevelopment, and its affluent demographics with rising household incomes and wages, further enhance the investment appeal. The property's fee-simple ownership provides complete control and potential for long-term value appreciation. Detailed lease information is available upon request. This is a rare chance to acquire a prime medical office building in a high-growth area with significant upside potential. The property's address is 959 Cox Rd, Gastonia, NC 28054.