Concentra Urgent Care – Providence, RI
Providence, Rhode Island
Cap Rate: 5.75%
$5,395,652
Available
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Get In TouchMedical Office – Rocky Mount, NC
Boice-Willis Clinic, Northeastern Dermatology, PLLC
2413-2417 Professional Drive - Rocky Mount, NC 27804
Sands Investment Group is Pleased to Exclusively Offer For Sale the 8,940 SF Medical Office Multi Tenant Asset Located at 2413-2417 Professional Drive in Rocky Mount, NC. This Deal Includes Below-Market Rents in Place and Limited Nearby Medical Office Supply, There is Upside Potential Through Future Lease Renegotiations or Re-Tenanting. Investors Can Benefit From Increasing Rental Income While Retaining a Stable Tenant Base, Providing For a Secure Investment.
- This Bite-Sized Medical Office Investment Offers Stable Tenancy at a Price Well Below Replacement Cost, Making it an Accessible and Attractive Opportunity
- Located Just Minutes From UNC Nash General Hospital, the Property Benefits From Medical Spillover Demand and Proximity to Major Healthcare Infrastructure; Providers at This Site are Well-Positioned to Serve Patients Referred From or Discharged From Nearby Hospital Systems
- Boice-Willis Clinic is One of the Largest and Most Recognized Healthcare Networks in Eastern North Carolina, With 8 Practices Spread Throughout the Area; Their Physical Therapy Department Has Operated at This Location For Years, Demonstrating a Commitment to the Site and Ensuring Patient Traffic Consistency
- With Below-Market Rents in Place and Limited Nearby Medical Office Supply, There is Upside Potential Through Future Lease Renegotiations or Re-Tenanting; Investors Can Benefit From Increasing Rental Income While Retaining a Stable Tenant Base
- Well-Maintained, Class B Medical Office Building Offers Durable Construction and Professional Appeal, Ideal For Healthcare Tenants
In Cooperation With Sands Investment Group North Carolina, LLC – Lic. #29362 BoR: Chris Sands – Lic. NC #300021
Boice-Willis Clinic, Northeastern Dermatology, PLLC
2413-2417 Professional Drive - Rocky Mount, NC 27804
BOICE-WILLIS CLINIC
Boice-Willis Clinic is a private, multi-specialty medical clinic based in Rocky Mount, North Carolina. Founded in 1914, the clinic has more than a century of experience providing healthcare to individuals and families across Nash, Edgecombe, and surrounding counties. Boice-Willis Clinic is physician-owned and operated, offering a patient-centered approach to healthcare. The clinic’s mission is to deliver comprehensive, accessible, and high-quality medical services in a caring and respectful environment.
NORTHEASTERN DERMATOLOGY, PLLC
Northeastern Dermatology, PLLC is a well-established dermatology practice dedicated to providing expert skin care services in Rocky Mount, North Carolina, and surrounding communities. The clinic specializes in medical, surgical, and cosmetic dermatology for patients of all ages. The practice combines clinical expertise with the latest dermatological technology, ensuring high-quality care whether you need skin cancer screenings, acne management, cosmetic services, or chronic skin condition treatment.
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Price
$960,000
Cap Rate
6.31%
PREMISES
8,940 SF
RENEWAL OPTIONS
None
Lease Expiration
Varies
Lease Type
Gross
RENTAL INCREASES
None
BROKERS
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To receive access to this OM, please review and sign our confidentiality agreement:
Sands Investment Group (“Broker”) is presenting for sale the Subject Property (“Property”) referenced above, by the Property’s owner (the “Owner”). Our agreement with the Owner requires that we obtain a Non-Disclosure before disclosing the name and location of his/her location of his/her business. The undersigned (“Recipients”) hereby acknowledge and agree that certain confidential information that has been or may be disclosed is intended solely for Recipients’ limited use in considering whether to pursue negotiations to acquire the Property.
Neither the Owner of the Property nor Broker or any of their respective officers, employees or agents, make any representation or warranty, expressed or implied, as to the accuracy or completeness of this confidential information and no legal liability is assumed or shall be implied with respect thereto. Information provided has been or will be gathered from sources that are deemed reliable; however, neither Owner nor Broker warrants or represents that the information is true or correct. Recipients are advised to verify information independently. Owner and/or Broker reserve(s) the right to change the Property’s purchase price, or any Property or market information provided, or to withdraw the Property from the market at any time without notice.
Recipients agree that the information provided by Broker is confidential and as such, agrees to hold and treat such information in the strictest of confidence. In addition, Recipients agree not to disclose, directly or indirectly, or permit anyone else to disclose this information to any person, firm or entity without prior written authorization of Owner or Broker and not use, or permit to be used this information in any fashion or manner detrimental to the interests of Owner or Broker. Photocopying or other duplication of such confidential information is strictly prohibited. Recipients agree not to contact the Property’s tenant(s), leasing brokers, or property management staff in connection with Recipients’ review of the Property or confidential information. IN ADDITION, THE CONFIDENTIAL INFORMATION SHALL NOT BE DEEMED AS REPRESENTATIVE OF THE STATE OF AFFAIRS OF THE PROPERTY OR CONSTITUTE AN INDICATION THAT THERE HAS BEEN NO CHANGE IN THE BUSINESS OR AFFAIRS OF THE PROPERTY SINCE THE DATE OR PREPARATION OF THE OFFERING MEMORANDUM.
While Owner and/or Broker may discuss the purchase and sale of the Property with Recipients, either Owner or Broker, in our sole and absolute discretion, may terminate sale discussions at any time and for any reason. Recipients acknowledge that neither Owner nor Broker has any obligation to discuss or agree to the sale of the Property. The acquisition discussions may be lengthy and complex. Notwithstanding that the parties may reach one or more oral understandings or agreements on one or more issues, neither of the parties shall be bound by any oral agreement of any kind, and no rights, claims, obligations or liabilities of any kind, either expressed or implied, shall arise or exist in favor of or be binding upon either Owner or Broker except to the extent expressly set out in a written agreement signed by both Owner and Broker.
This letter will further confirm that Recipients understand that Broker is presenting the information on the above-referenced Property and that Recipients agree that all initial correspondence and agreements pertaining to the opportunities and subsequent purchase shall be submitted through Agent. Prospective Buyer shall not contact the Owner directly unless given written permission by Agent or act either directly, indirectly, through any third parties including affiliates, other clients or other brokers to circumvent the purpose of this Agreement.
The term of this Agreement is for one (1) year from the date below, which shall be automatically extended through any ongoing negotiations, escrow periods or closing of any purchase and sales transaction(s) for the opportunity entered into by Prospective Buyer or its affiliates during the term hereof.
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