701 Hartness Rd

Strategically located just 44 miles north of Uptown Charlotte, Statesville offers convenient access to one of the Southeast’s most robust economic hubs while maintaining the charm and accessibility of a smaller community.Sperry-Griffin Partners presents an exceptional investment dental leaseback opportunity absolute NNN leaseback structure with 8 years remaining on the initial term at a favorable 6.75% cap rate. This meticulously maintained 7,207 SF building, built in 1980, embodies stability and promise, with a 100% occupancy rate. Zoned O-I-2 and strategically located in the thriving Statesville area, this property is perfectly positioned for success. Ideal for Office / Medical investors seeking solid returns and long-term stability, this offering represents a prestigious and lucrative addition to any portfolio. Secure your position in this flourishing market with this remarkable property and unlock the potential for enduring success. Strategically located just 44 miles north of Uptown Charlotte, Statesville offers convenient access to one of the Southeast’s most robust economic hubs while maintaining the charm and accessibility of a smaller community. This prime location, paired with a strong tenant and long-term lease structure, makes this offering an exceptional opportunity for investors seeking stability, growth, and enduring market demand. The tenant, Happy Teeth Pediatric Dentistry, is a well-established practice with three locations serving the Statesville, Mooresville, and Huntersville markets. The building features two primary levels, with the tenant occupying 4,667 SF under the leaseback while still paying all building annual taxes, insurance, and CAM. The lower level includes two vacant units that are ready for occupancy each containing 1,720 sf of vacant space offering significant upside potential through future leasing and increased Net Operating Income. The tenant is currently in year 2 of a 10-year initial term with two 5-year options to renew. The building sits on a large 1.60 acre corner site with multiple points of ingress/ egress. A lower extended parking area on the rear of the property offers an excellent opportunity to construct another medical office building in the future. The site is adjacent to Iredell Memorial Hospital in a thriving medical office community of practices. This is an excellent MOB for any investment group to add to their portfolio with little downside risk.