100% Occupied Medical Office Building

1027 Fleming Street, Hendersonville, NC

$3,160,000

Price

11,127 sqft

Building Size

0.98 acres

Lot Area

Gallery
Street
Map
Overview
Building Size
11,127 sqft
Lot Area
0.98 acres
Occupancy
100%
Class
B
Year Built
1981
Description

Bull Realty is pleased to offer qualified investors the opportunity to acquire the Fleming Street MOB in Hendersonville, NC. This three-tenant property is 100% occupied and is anchored by UNC Health Pardee Hospital where they run a very busy primary care clinic. The other tenants include AeroCare, who was recently acquired by Adapt Health Corp (NASDAQ: AHCO). This company distributes respiratory & sleep therapy devices. The remaining tenant is ESP Associates who operates an engineering company out of a small space on the 1st floor. ESP operates more than a dozen offices throughout the SE.

The property itself is in a historic yet fast growing community strategically located only a few hundred yards from Pardee Hospital which has 222 acute care beds and specializes in surgery, orthopedics, heart and vascular, comprehensive wound healing and cancer care.

Pardee currently occupies ±5,888 SF of the ±11,127 total SF and has a ROFR on any additional space that might become available.

If you would like to pursue this opportunity, please return the Confidentiality Agreement on the last page of the Offering Memorandum. Once received, we will forward you the rent roll, income & expenses, and any other reasonable requested items.

The Seller will move forward with the first acceptable offer.

Located in Hendersonville, NC

Highlights
  • ±11,127 SF Medical Office Building located in beautiful Hendersonville, NC not far from Asheville
  • Leases are mostly NNN with 2.5% and 3.0% annual escalations
  • Very strong creditworthy health system anchor tenant and another national healthcare publicly traded tenant
  • Bull Realty NC license # C17910
Documents
Location
Gallery