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About This Home
This 0-bedroom, 0-bathroom commercial at 1107 Erwin Road in Dunn, NC is listed for $599,000 ($100 per sqft). Built in 1941, the home offers 5,962 sqft of living space on a 1.92 acres lot.
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.
Key Features
- Built in 1941
- 1.92 acre lot
Property Details
Monthly Cost Estimate
$3,204/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1107 Erwin Road
Dunn, NC 28334
Property Details
Construction
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 1107 Erwin Road is listed at $599,000 ($100/sqft). The estimated monthly payment is $2,596 based on 20% down at 6.5% interest.
Key features include: Built in 1941, 1.92 acre lot.
This property is listed by MJ Bartlett and can be reached at 9108900353 or mjbartlett.realtor@gmail.com.