Cape Fear Valley Health

Fayetteville, North Carolina

About the Investment:

✓ Attractive Real Estate Fundamentals | Located within a Dense Medical Corridor |Less than a Mile Away from Cape Fear Valley Medical Center
✓ In the Heart of a Robust Regional Medical Center | Affiliated With and In Short Distance from Cape Fear Valley Medical Center | 585+ Beds
✓ Robust Demographics | Population Exceeds 310,700 Individuals Within a Ten-Mile Radius

Key Details

Price:: $3,804,171
Cap Rate:: 7.00%
Annual Rent:: $266,292
Address:: 1841 Quiet Cove, Fayetteville, North Carolina 28304
Property Type:: Medical
Lease Type:: Double Net (NN)

Original Lease Term:: 10 Years
Lease Commencement:: February 2, 2018
Lease Expiration:: February 2, 2028
Lease Term Remaining:: 4+ Years
Rental Increases:: 5% Every 5 Years
Lot Size:: 1.48 Acres
Building Size:: 18,786 SF
Year Built:: 1991
Year Renovated:: 2018
Tenant:: Cape Fear Valley Health

Talk to the pros

Glen Kunofsky

gkunofsky@nnnpro.com

License: 49KU1129178

Anthony D’Ambrosia

adambrosia@nnnpro.com

License: 10401294012

Ilan Bley

ibley@nnnpro.com

License: 10401372865

Broker of record

Brian Brockman

Bang Realty-North Carolina, Inc

License: 298998

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