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AVAILABLE PROPERTIES
Property Description
- Built in 2003, Rex Wellness Center is a Class B, two-story, 30,054 square foot outpatient medical building and sits on a 3.99-acre parcel in Garner, NC.
- The Property is currently vacant and was previously occupied by UNC Rex Healthcare and was used primarily for physical therapy and rehabilitation specialties.
- The Rex Wellness Center offers the opportunity for an incoming investor to acquire an institutional quality asset in one of the fastest growing submarkets in the U.S.
- Located in a bustling retail and medical corridor in Garner, NC, which is one of the fastest growing sub-markets in the U.S.
- Located 15 minutes from downtown Raleigh, NC
- Upon stabilization at below market rents, an incoming investor could realize a stabilized value at ~$10M
- The recently approved WakeMed health campus and Duke Health development sites are located approximately 1 mile from the property.
- Perfect for gym, medical, outpatient facility, office, swim school, event center, community center
- Major national retail brands neighboring the site include Target, Dick’s Sporting Goods, Best Buy, BJ’s Warehouse, Ross, and Ulta
- Parcel ID#: 1720641421
FOR SALE - MEDICAL OFFICE (30,054 SF)
1400 Timber Drive East, Garner, North Carolina
30,054 SF
Basic Details
Listing Type : For Sale
Building Size : 30,054 SF
Lot Size : 3.99 Acres
Available : 30,054
Property Type : Medical Office
Zoning : CMX (Commercial Mixed-Use)
Parking Spaces : 151
Parking Ratio : 5/1,000 SF
Sale Price : Call For pricing