4302 South Main St Listing Details & Market Data

4302 South Main St, Farmville, NC 27828

  • For Sale $4,001,024
  • Property Type Office - Medical Office
  • Property Size 7,186 SF
  • Lot Size 2.46 Acre
  • Property Tenancy Single Tenant
  • Building Class A
  • Year Built 2015
  • Date Updated Apr 25, 2024
Farmville, NCPrime opportunity to purchase this single tenant net leased property with Fresenius Medical Care. Situated on 2.46 acres consisting of a 7,186 SF building in Farmville, NC. The property was built to suit tenant in 2015. Over 7 years of lease term remaining on initial term with (3) 5-year options to renew. This corporately guaranteed lease provides a rent escalation of 10% January 1, 2026. The net lease structure requires tenant to be responsible for all expenses relating to the interior/non-structural elements of the building, parking lot repair, HVAC (up to $3,000 per incident), landscaping, insurance, property taxes, utilities, and waste management.

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Attachments

Highlights

  • Current Term Expiration: 01/31/2031
  • NOI: $250,064
  • Cap Rate: 6.25%
  • Rent PSF: $34.80
  • Renewal Options: (3) 5-year
  • Roof Warranty until October 2030

Contacts

broker

Nick Ganey, CCIM

Boutique National

(813) 967-6077

Location

Getting Around

  • Walk Score ®

    Car-Dependent (26)

  • Bike Score ®

    Somewhat Bikeable (39)
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  • City Farmville, NC
  • Neighborhood Farmville
  • Zip Code 27828

Points of Interest

  • Speedway

    0.12 miles

  • Speedway

    2.66 miles

  • Walstonburg Service Station

    5.94 miles

  • Speedway

    8.91 miles

  • Speedway

    9.11 miles

  • Speedway

    9.12 miles

  • Speedway

    9.43 miles

  • Hwy 55 Burgers Shakes & Fries

    0.17 miles

  • Burger King

    0.18 miles

  • Little Rocket

    0.26 miles

  • Pizza Hut Delivery

    0.76 miles

  • Farmville Pizza

    1.28 miles

  • Mi Cabanita Restaurant #4

    1.29 miles

  • Bonnie's Cafe

    1.34 miles

  • Dixie Queen Seafood Restaurant

    1.58 miles

  • New Contentnea Creek B.B.Q.

    1.97 miles

  • McDonald's

    2.67 miles

  • H B Sugg Elementary School

    0.81 miles

  • Sam D Bundy Elementary School

    1.45 miles

  • Farmville Middle School

    1.54 miles

  • Middle School

    1.54 miles

  • North Greene School

    5.89 miles

  • ECU West Research Campus

    7.15 miles

  • Cox School

    7.26 miles

  • Greene Central Junior High School

    8.01 miles

  • East Green School

    8.16 miles

  • Greene Central High School

    8.23 miles

  • Tender Love Child Care Inc

    8.76 miles

Contact Listing Broker

broker

Nick Ganey, CCIM

Boutique National

(813) 967-6077