4302 South Main St

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 ®

    26/100 Car-Dependent

  • Bike Score ®

    39/100 Somewhat Bikeable
Powered by Walk Score ®
  • 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

  • Marlboro Inn

    0.21 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

  • Middle School

    1.54 miles

  • Farmville 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

Frequently Asked Questions

What is the lease rate for 4302 South Main St?

Rental asking rate at 4302 South Main St is $2,000,512.00/YR.

What is the total square footage of 4302 South Main St?

4302 South Main St totals 7,186 square feet.

When was this property built?

4302 South Main St was built in 2015.

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Contact Listing Broker

broker

Nick Ganey, CCIM

Boutique National

(813) 967-6077