Investment Overview
Acquire Laurel Hill Complex, a 100% occupied, six-suite medical and professional office property at 141 Laurel Hill Drive in Rutherfordton, NC. The $1,350,000 offering includes three buildings totaling 7,733 SF on 0.88 acres, with the option to purchase buildings individually.
The property combines two two-story buildings of 2,886 SF each with a 1,961 SF single-story building. Occupants include medical and professional practices, Edward Jones, and chiropractic/personal care.
Completed capital improvements include full roof replacement with a 25-year warranty, replacement of all HVAC units with Trane equipment, rebuilt rear stairwells, exterior improvements, and updated electrical wiring and interior finishes.
Existing leases are modified gross, with tenants paying their own utilities except water; ownership pays water and real estate taxes. The offering combines an occupied tenant base, completed building improvements, and portfolio or individual-building acquisition options.
Investment Highlights
- $1,350,000 asking price for the complete three-building portfolio.
- Buildings available for purchase together or individually.
- 7,733 SF of medical and professional office space across six occupied suites.
- 100% occupancy with medical, professional, financial services, and chiropractic/personal-care tenants.
- Two 2,886 SF two-story buildings and one 1,961 SF single-story building.
- 0.88-acre parcel zoned C-74 commercial.
- Full roof replacement with a 25-year warranty and all HVAC units replaced with Trane equipment.
- Rebuilt rear stairwells, exterior upgrades, updated electrical wiring, and refreshed carpet and paint.