1107 Erwin RD, Dunn, NC 28334
1107 Erwin RD, Dunn, NC 28334
1107 Erwin RD, Dunn, NC 28334
1107 Erwin RD, Dunn, NC 28334
1107 Erwin RD, Dunn, NC 28334
1107 Erwin RD, Dunn, NC 28334
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Listed by Century 21 Triangle Group
$ 599,000
Est. payment | /mo

5,962 SqFt


Save
$ 599,000
Est. payment | /mo
Save

5,962 SqFt

Key Details

Property Type Commercial

Sub Type Business

Listing Status Pending

Purchase Type For Sale

Square Footage 5,962 sqft

Price per Sqft $100

MLS Listing ID 10168644

HOA Y/N No

Year Built 1941

Annual Tax Amount $6,564

Lot Size 5,962 Sqft

Acres 1.92

Lot Dimensions 347x247

Property Sub-Type Business

Source Doorify MLS

Land Area 5962

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

Area 1.92

Zoning O&I

Interior

Fireplace No

Exterior

Garage No

Building

New Construction No

Others

Tax ID 021506 0094 01

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Doorify MLS

Schools and Properties Nearby

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Michael Paulk
Michael Paulk

Real Estate Broker

+1(919) 880-4523

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1107 Erwin RD