Sold: UNC Chapel Hill MOB
HREA | Healthcare Real Estate Advisors is pleased to announce the real estate sale of a modern Class “A” medical office building located in Chapel Hill, NC.
The single-tenant medical office building is 100% leased and occupied by UNC Physicians Network, a healthcare network of more than 90 practice groups and over 300 healthcare providers.
Built in 2014, and expanded in 2019, the location is outfitted to provide best-in-quality pediatric and internal medicine care and was specifically chosen to accommodate the geographic expansion plans of UNC Health to meet the growing demand for healthcare services in the surrounding areas, serving a population that has increased by 19% since 2020.
Located along U.S Route 501, UNC Chapel MOB provides exceptional regional access for the more than 650,000 residents in the Durham – Chapel Hill, NC metropolitan area. The building is located approximately eight (8) miles from downtown Chapel Hill and seven (7) miles from The University of North Carolina at Chapel Hill.
Sale Highlights
Long Term, NNN Lease with Two 5-Year Options
Build-To-Suit Construction for UNC Physicians Network
Procured All-Cash 1031 Exchange Buyer
Competitive Bid Environment – Generated Multiple Offers
Representative Transactions
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Have you and your partners discussed real estate strategies involving your medical real estate, ASCs, or medical office buildings? HREA | Healthcare Real Estate Advisors can help maximize your investment. Start the conversation today and secure a profitable future for your real estate.
Seasoned Team
