104 Mark Drive Edenton Income Producing Medical Building
$ 375,343.00
- Property ID: 2499
- Date added: 05/27/21
- Post Updated: 2022-10-31 17:49:07
- Bathrooms: 7
- Floors: 1
- Status: Sold
- Area: 3346 sq ft
- Lot size: 0.594 acres
- Year built: 1988
Description
Fully leased 3,346 sq ft medical building behind Hospital in Edenton. Vidant pays $14.25/sq ft NNN. Lease began 5/1/2012 and expires 6/30/2024. Tenant renewed for 3 years instead of 1 year option in 2014, 2018, & 2021. NOI of $46,519.05 using 2018-2020 expenses (12.39% cap rate) or $43,164.46 using 2015-2020 expenses (11.5% cap rate). HVAC units were replaced in 2015 & 2016, new roof in May of 2002 with cost of $7,590. 7 exam rooms, 3 offices, 7 restrooms (1 has shower), waiting room, reception area, lab, and kitchen. 22 parking spaces.
View on map / Neighborhood
Features
- Corner location
- Great location for Medical
- Hospital adjacent
- Pylon signage in place
- City SEWER!
- Not in a flood zone
- Near Downtown & Waterfront
- Freestanding Building
- Landscaping
- Private Parking
Documents
- Survey
- Tax Card
- Deed
- MLS Data
- Property Flyer: 104-Mark-Drive-Edenton-MLS-listing-1.pdf
Agent
This style property is located in Edenton is currently and has been listed on The Rich Company. This property is listed at $ 375,343.00. It has 7 baths bathrooms, and is 3346 sq ft. The property was built in 1988 year.
