For Sale
$1,000,000

207 Meadow Rd Eden, NC 27288

12,000 SF Medical Office, Value-Add Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
138
This Class A, 12,000 square foot medical office building in Eden, North Carolina, presents a compelling value-add investment opportunity. Located at 207 E Meadow Rd, in Rockingham County (zip code 27288), this single-story building, constructed in 2015, sits on a 43,124 square foot lot and is zoned BH. Currently operating with a 50% occupancy rate across six units under gross lease agreements, the property offers significant potential for increased revenue. Several short-term leases are in place, providing immediate cash flow, while available vacant space allows for owner-occupancy or lease expansion. Its prime location near the new Purina Pet Plant and Highway 14 ensures high visibility and accessibility. This multi-tenant property is ideal for a 1031 exchange. The asking price is $1,000,000. Note that a non-disclosure agreement is required to access lease information. The property is being offered via online auction, with bidding opening December 4th, 2024 and closing December 18th, 2024. The seller reserves the right to accept offers prior to the auction opening.

Highlights

  • Class A, 12,000 SF medical office building in Eden, NC.
  • Located at 207 E Meadow Rd, Eden, NC 27288, on a 43,124 SF lot (BH zoning).
  • Single-story building constructed in 2015, currently 50% occupied with six units under gross leases.
  • Significant value-add opportunity with short-term leases and vacant space; ideal for owner-occupancy or lease expansion.
  • Prime location near Purina Pet Plant & Hwy 14; excellent visibility and accessibility.
  • $1,000,000 asking price; 1031 exchange eligible; online auction December 4-18, 2024 (seller may accept pre-auction offers).

Property Details for 207 Meadow Rd

Property type
Office properties, Medical offices
Square Feet
12,000 SF
Class
A
Year Built
2015
Buildings
1
Stories
1
Units
6

Location Insight

City
Eden
County
Rockingham
State
North Carolina
Latitude
36.508035465926
Longitude
-79.739528351702

FAQs

What type of property is this?
Office property - 12,000 SF Medical Office, Value-Add Opportunity
Where is the office property located?
The property is located at 207 Meadow Rd Eden, NC.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Class A, 12,000 SF medical office building in Eden, NC.; Located at 207 E Meadow Rd, Eden, NC 27288, on a 43,124 SF lot (BH zoning).; Single-story building constructed in 2015, currently 50% occupied with six units under gross leases.
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 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 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].
207 Meadow Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message