1090 Vinehaven DrConcord, NC 28025
High-yield medical office, 6.5% cap rate
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 116
Highlights
- Asking Price: $1,452,500
- In-Place NOI: $94,408
- Projected Year 1 NOI: Under negotiation for lease extension
- Current Lease Expiration: July 2026, with negotiations underway for extension to 2036 with renewal options and potential conversion to absolute net lease
- Tenant: Atrium Health Weight Management - Concord (since 2011), with two 5-year renewal options
- 100% Occupancy
Property Details for 1090 Vinehaven Dr
- Property type
- Office properties, Medical offices
- Square Feet
- 5,390 SF
- Class
- B
- Year Built
- 2004
- Stories
- 1
- Lot Size (sq. ft)
- 26,136 SF
Location Insight
- City
- Concord
- County
- Cabarrus
- State
- North Carolina
- Latitude
- 35.4641784
- Longitude
- -80.5835099
Nearby Similar for Sale
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].