1107 Erwin Road Dunn, NC 28334
Other
MLS #: 10168644
Courtesy Of Century 21 Becky Medlin Realty
Property InformationDescription
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.
Features
- Age: Over 50 Years Old
- Exterior Type: Brick
- Floors: 1
- Legal Description: 1.02Acs Jimmy A Pierce (1107), 1 LOT 1105 ERWIN RD 150X250 (1107)
- MLSID: 10168644
MAP & DIRECTIONS
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