+6 more
/ 11
+1
$899,900
1170 Medical Court
Marion, NC 28752
Active
Property Type
Commercial Sale
Year Built
1988
Lot Size
—
Garage
—
About This Home
Located adjacent to the hospital campus in Marion, North Carolina, McLeod Medical Office is a well-maintained medical office building offering a rare opportunity for both investors and owner-users. The property consists of approximately 6,052 square feet situated on a ±1-acre lot at 1170 W Medical Court Drive, within an established medical corridor.
Constructed in 1998, the building is thoughtfully designed for medical use and currently features 15 private offices, a pharmacy area, lab room, conference room, two large waiting rooms, two break rooms, and six restrooms. The efficient layout supports a wide range of medical and healthcare uses while providing excellent functionality for staff and patients alike. Parking lot was repaved in 2025.
The property is 100% occupied by a long-term medical tenant who has operated at this location since 2007, with a lease in place through April 30, 2026. Current in-place rent is $14.92 per square foot, generating an NOI of approximately $79,534, offering investors an attractive 8.85% cap rate based on market lease assumptions.
Offered for sale or for lease, the property is priced at $899,000 ($148 per square foot), presenting a compelling opportunity to acquire a stabilized medical asset in a strong healthcare location. Its proximity to the hospital, long operating history, and flexible future leasing potential make this an ideal investment or future owner-occupied medical facility.
Constructed in 1998, the building is thoughtfully designed for medical use and currently features 15 private offices, a pharmacy area, lab room, conference room, two large waiting rooms, two break rooms, and six restrooms. The efficient layout supports a wide range of medical and healthcare uses while providing excellent functionality for staff and patients alike. Parking lot was repaved in 2025.
The property is 100% occupied by a long-term medical tenant who has operated at this location since 2007, with a lease in place through April 30, 2026. Current in-place rent is $14.92 per square foot, generating an NOI of approximately $79,534, offering investors an attractive 8.85% cap rate based on market lease assumptions.
Offered for sale or for lease, the property is priced at $899,000 ($148 per square foot), presenting a compelling opportunity to acquire a stabilized medical asset in a strong healthcare location. Its proximity to the hospital, long operating history, and flexible future leasing potential make this an ideal investment or future owner-occupied medical facility.
Property Details
Interior
- Stories
- 2
Exterior & Lot
- Year Built
- 1988
Location
- County
- McDowell
- ZIP Code
- 28752
Financial
- Listing Terms
- Cash, Conventional
Utilities
- Utilities
- Electricity Connected, Underground Power Lines
- Sewer
- Public Sewer
Schools
Lot Features
Cul-De-Sac, End Unit, Paved, Wooded
Location
Listing Information
- MLS #
- CAR4341182
- Listing Agent
- Aaron Kraft
- Listing Office
- House In Order, LLC
- Listed Date
- Mar 15, 2026
Contact Jonathan Jackson About This Property
Interested in 1170 Medical Court? Send us a message and we'll get back to you.
