NNN Medical Building

Revival Pain Management | Elkin, NC

Sands Investment Group is Pleased to Present For Sale the Revival Pain NNN Medical Building Investment Located in Elkin, North Carolina. Revival Pain Management Will Sign a 7-Year Triple Net (NNN) Lease at Closing For the First Floor. The Second Floor Can Be Subdivided to Support a Wide Variety of Medical or Office Uses. The Property Contains 2 Operating Rooms, a Recovery Room, X-Ray, Laboratory and a Built Out Room to Support a CT Scan. The Property Has 15 Exam Rooms With 10 Additional Offices That Can Be Converted. The Property is Less Than 1-Mile From I-77 (41,696 VPD) and Located Right Off NC Highway 268 (16,613 VPD).

  • Revival Pain Management to Sign 7-Year Triple Net (NNN) Lease at Closing For the Entire First Floor
  • 2nd Floor Can Be Subdivided to Support Wide Array of Medical or Office Uses
  • 2 Operating Rooms and 1 Recovery Room
  • Laboratory and X-Ray On-Site
  • Built Out Room to Accommodate a CT Scan
  • Parking Ratio: 4.85/1,000
  • 4 Waiting Rooms and 15 Exam Rooms (10 Additional Offices That Can Be Converted)
  • 2.13 Acre Parcel
  • Located 1-Mile to I-77 Which Sees 41,696 VPD
  • Located Just Off NC Highway 268 With a Traffic Count of 16,613 VPD
  • 1-Mile From the Hugh Chatham Memorial Hospital

In Cooperation With: Sands Investment Group North Carolina, LLC – Lic. # 29362 BoR: Amar Goli- Lic. # 310575

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Medical Gross Lease

Woodlands Professional Center II | Elkin, NC

Sands Investment Group Is Pleased To Present Exclusively For Sale the 4,800 SF Medical Gross Lease Located at 525 Samaritans Ridge Court in Elkin, North Carolina. The Property Provides an Excellent Investment or Owner/User Opportunity With a Current in Place Rent Well Below Market. All Leases Terminate Upon the Sale of the Property, Allowing New Ownership to Renegotiate All Leases or Back Fill the Space For Their Own Use.

  • Perfect Owner/User Opportunity
  • All Tenants Have 5% Annual Increases
  • Below Market Rental Rates
  • 1 Operating Room Which is Lead Lined and Has a Seamless Tile Floor
  • 1 Recovery Room
  • Lab Space With Upgraded Electrical and Sewage Capacity
  • Property Includes a Metal Roof
  • Building Can Be Divided Into Two (2) Practices
  • Ample Parking
  • Located in Woodlands Medical Park and in the Elkin’s Premier Medical Corridor
  • Situated Right Off I-77 Which Sees Over 41,600 VPD
  • Less Than 1-Mile From Hugh Chatham Memorial Hospital
  • The Average Household Income is $64,297 Within a 5-Mile Radius
  • Nearby Tenants Include: Wendy’s, Goodwill, Food Lion, Walmart Supercenter, Lowe’s, McDonald’s, Dollar Tree, Subway and More

In Cooperation With: Sands Investment Group North Carolina, LLC – Lic. # 29362 BoR: Amar Goli- Lic. # 310575

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Medical Office Asset

Woodlands Professional Center I | Elkin, NC

Sands Investment Group is Pleased to Present Exclusively For Sale the 14,202 SF Woodlands Professional Center I Medical Office Asset Located at 505 Samaritans Ridge Court in Elkin, North Carolina. The Property Consists of 3 NNN Medical Tenants Including Novant Health Cardiology, Westwood Medical and RHA Behavioral Health. Westwood Medical Just Signed a New 5-Year Renewal, and All Three Tenants Boast 2% Annual Escalations. The Property Includes Alliedrx Pharmacy, Which is Set For a Significant Rental Increase in 2022 Providing For Significant Upside and Strong Rental Growth For the Future.

  • Three of the Tenants Have a Triple Net (NNN) Lease With Minimal Landlord Responsibilities
  • All Tenants Also Have 2% Annual Increases
  • Westwood Medical Has a New 5-Year Renewal (07/01/21)
  • Located Less Than 1-Mile From Hugh Chatham Memorial Hospital
  • The Property is on a 1.41 Acre Lot
  • Property Includes a Metal Roof
  • Novant Spent a Significant Amount of Capital to Up Fit Space For the Tenant’s Use
  • Situated Within the Woodlands Medical Park in the Elkin’s Premier Medical Corridor
  • Located Right Off I-77 Which Sees Over 42,600 Vehicles Per Day
  • The Average Household Income is $62,863 Within a 10-Mile Radius
  • Nearby Tenants Include: Walmart Supercenter, CVS Pharmacy, Lowe’s, Goodwill, Walgreens, Food Lion, Arby’s, Big Lots, Wells Fargo and More

In Cooperation With: Sands Investment Group North Carolina, LLC – Lic. # 29362 BoR: Amar Goli- Lic. # 310575

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Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities