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Listed by Century 21 Triangle Group
$ 599,000
Est. payment /mo
New
1107 Erwin Road Dunn, NC 28334
5,962 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 5,962 sqft
Price per Sqft $100
MLS Listing ID 10168644
Abv Grd Liv Area 5,962
Year Built 1941
Annual Tax Amount $6,564
Lot Size 1.920 Acres
Acres 1.92
Property Sub-Type Business
Source Triangle MLS
Property Description
This turnkey investment opportunity in the heart of Dunn's established medical corridor will provide immediate and growing cash flow from day one. Offering includes two buildings plus two outbuildings situated on a combined 1.92 acres across adjacent parcels. A brand new 3-year lease extends through June 2029 plus renewal options. Current rent is $4,500/month with annual 3% escalations. The long-term tenant operates an Adult Day Care and Family Care Home -- stable, need-driven uses -- and pays all utilities plus some maintenance, keeping operating expenses lean for the owner. Contact the listing agent for complete lease terms and documentation. Zoned Office & Institutional within the City of Dunn just around the corner from Betsy Johnson Harnett Health Hospital and numerous medical practices that continue to attract healthcare-related users -- a natural fit for the current tenancy and future demand. For lease terms, financials, and showing inquiries, contact the listing agent.
Location
State NC
County Harnett
Zoning O&I
Direction GPS maps correctly
Exterior
Private Pool No
Building
Building Description Brick, Total Area Cooled,Total Area Heated
Faces GPS maps correctly
Story 1
Level or Stories 1
Structure Type Brick
New Construction No
Others
Senior Community No
Tax ID 021506 0094 01
Special Listing Condition Standard
GET MORE INFORMATION
Russell Copersito Jr
Commercial Specialist | Broker | License ID: 339343
+1(919) 899-2662 | russell@thecopersitogroup.com