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10352 Park Road Park Crossing Medical & Professional Center Contact Adam Russ (O) 704.526.2184 (C) 704.562.7429 [email protected] www.insiteprops.com Marketed Exclusively By: Insite Properties, LLC Insite Properties, LLC is pleased to offer for sale, 10352 Park Road in Charlotte, NC. This 5,546 square foot medical office building represents an outstanding opportunity to invest in an attractive, well located medical building located within an established medical corridor with immediate proximity to CMC - Pineville, the areas 120 bed full-service Hospital. Investment Summary: Medical Office Investment Opportunity Name: 10352 Park Road City/State: Charlotte, NC Type: Medical Office SF: 5,546 Occupancy: 100% 2013 NOI: $82,195 Price: $1,027,440 Cap Rate: 8.0%

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Page 1: 10352 Park Road Park Crossing Medical & Professional Centerstorage.cloversites.com/insitepropertiesllc... · 10352 Park Road Park Crossing Medical & Professional Center Contact Adam

10352 Park Road

Park Crossing Medical & Professional Center

Contact Adam Russ

(O) 704.526.2184

(C) 704.562.7429

[email protected]

www.insiteprops.com

Marketed Exclusively By:

Insite Properties, LLC

Insite Properties, LLC is pleased to offer for sale, 10352

Park Road in Charlotte, NC. This 5,546 square foot medical

office building represents an outstanding opportunity to

invest in an attractive, well located medical building

located within an established medical corridor with

immediate proximity to CMC - Pineville, the areas 120 bed

full-service Hospital.

Investment Summary:

Medical Office

Investment

Opportunity

Name: 10352 Park Road

City/State: Charlotte, NC

Type: Medical Office

SF: 5,546

Occupancy: 100%

2013 NOI: $82,195

Price: $1,027,440

Cap Rate: 8.0%

Page 2: 10352 Park Road Park Crossing Medical & Professional Centerstorage.cloversites.com/insitepropertiesllc... · 10352 Park Road Park Crossing Medical & Professional Center Contact Adam

Contact Adam Russ

(O) 704.526.2184

(C) 704.562.7429

[email protected]

www.insiteprops.com

Marketed Exclusively By:

Insite Properties, LLC

Property Name: Park Crossing Medical & Professional Center

Physical Address: 10352 Park Road 5,546 sf total Fully Leased

Tenants: Enhanced Images Medical 5,546 sf

Lease Expiration: January 31, 2017

Year Built: 1988

Land Area: The entire park is 4.0 Acres

Stories: 10352 Park Road (one-story)

Elevators: None

Exterior Construction: Stick-Built with Masonry Veneer (Colonial Architecture)

Parking: Six (6) spaces per 1,000 sf

HVAC: In-place (each space has own thermostat and compressor)

POA Dues: $1.92 per sf

Amenities: Modified Gross lease structure - LL responsible for Taxes, Management

Fee & Repairs/Maintenance estimated at $0.15/sf

Hospital Proximity

Ingress/Egress via lighted intersection

Regional connectivity via Hwy 51 & I-485

Interior Courtyard

Property Description:

10352 Park Road

Park Crossing Medical & Professional Center Medical Office

Investment

Opportunity

Page 3: 10352 Park Road Park Crossing Medical & Professional Centerstorage.cloversites.com/insitepropertiesllc... · 10352 Park Road Park Crossing Medical & Professional Center Contact Adam

Contact Adam Russ

(O) 704.526.2184

(C) 704.562.7429

[email protected]

www.insiteprops.com

Marketed Exclusively By:

Insite Properties, LLC

10352 Park Road

Park Crossing Medical & Professional Center

Aerial & Bird’s Eye:

Medical Office

Investment

Opportunity

Page 4: 10352 Park Road Park Crossing Medical & Professional Centerstorage.cloversites.com/insitepropertiesllc... · 10352 Park Road Park Crossing Medical & Professional Center Contact Adam

Contact Adam Russ

(O) 704.526.2184

(C) 704.562.7429

[email protected]

www.insiteprops.com

Marketed Exclusively By:

Insite Properties, LLC

10352 Park Road

Park Crossing Medical & Professional Center

SUBJECT

PROPERTY

Site Plan:

Medical Office

Investment

Opportunity

Page 5: 10352 Park Road Park Crossing Medical & Professional Centerstorage.cloversites.com/insitepropertiesllc... · 10352 Park Road Park Crossing Medical & Professional Center Contact Adam

Contact Adam Russ

(O) 704.526.2184

(C) 704.562.7429

[email protected]

www.insiteprops.com

Marketed Exclusively By:

Insite Properties, LLC

10352 Park Road

Park Crossing Medical & Professional Center

Floor Plan:

Medical Office

Investment

Opportunity

Page 6: 10352 Park Road Park Crossing Medical & Professional Centerstorage.cloversites.com/insitepropertiesllc... · 10352 Park Road Park Crossing Medical & Professional Center Contact Adam

Contact Adam Russ

(O) 704.526.2184

[email protected]

www.insiteprops.com

Marketed Exclusively By:

Insite Properties, LLC

10352 Park Road

Park Crossing Medical & Professional Center

10352 Park Road Main

Entrance

Interior Courtyard

Adjacent Condo (10348)

Monument Sign on Park Road

Property Photographs:

Medical Office

Investment

Opportunity

Page 7: 10352 Park Road Park Crossing Medical & Professional Centerstorage.cloversites.com/insitepropertiesllc... · 10352 Park Road Park Crossing Medical & Professional Center Contact Adam

Contact Adam Russ

(O) 704.526.2184

(C) 704.562.7429

[email protected]

www.insiteprops.com

Marketed Exclusively By:

Insite Properties, LLC

Enhanced Images Medical was founded by esteemed, board-certified surgeon, Dr. Bruce Marko,

in order to bring a variety of minimally invasive cosmetic procedures together with exceptional

medical spa services - all under one roof. His comfortable Charlotte, NC facility uses the latest

advancements in cosmetic surgery technology and science.

Dr. Marko is at the forefront of cosmetic surgery today, with a retinue of long-term and satisfied

clientele, and has dedicated his career to enhancing both the images and lives of his patients. Dr.

Marko’s quest to provide his patients with the latest state-of-the-art technology has driven much

of his post-graduate continuing education. He has taken numerous courses and is certified in

specific procedure training offered by Enhanced Images Medical including Mini Face Lifts,

SmartLipo, Zerona Body Slimming and Treatment of Laser Toe Nail Fungus.

Dr. Marko is also one of a handful of Fellowship trained, Board Certified Hair Restoration

Surgeons in the world.

10352 Park Road

Park Crossing Medical & Professional Center

*Information take from wwwwww.enhancedimagesmedical.com

About the Tenant:

Medical Office

Investment

Opportunity

Page 8: 10352 Park Road Park Crossing Medical & Professional Centerstorage.cloversites.com/insitepropertiesllc... · 10352 Park Road Park Crossing Medical & Professional Center Contact Adam

Contact Adam Russ

(O) 704.526.2184

(C) 704.562.7429

[email protected]

www.insiteprops.com

Marketed Exclusively By:

Insite Properties, LLC

The subject property falls distinctly within the Pineville

area medical sub-market, anchored by CMC-Pineville,

a 120 bed hospital currently undergoing some

$300 million worth of construction projects that will

add approximately 450,000 square feet of new or

renovated space and 89 additional beds as well as

a 30 bed Intensive Care Unit serving Southern

Mecklenburg, York and Lancaster Counties since 1987.

These enhancements will transform CMC-Pineville

into a leading tertiary care center, building on a

comprehensive array of services that will include an

open heart surgery program, comprehensive surgical

services and one of the community’s busiest obstetrical units.

Annual ED visits are over 80,000 and the inpatient census averages 80 patients per day.

The entire sub-market has immediate connectivity to key surrounding areas via I-485 and Hwy 51, creat-

ing a significant trade area poised for continued growth. Dense residential areas such as

Ballantyne, Ayrsley, South Park, and Lancaster County are within a short 8-10 minute drive.

Market leaders in the area include: OrthoCarolina, Mecklenburg Medical Group, CEENTA,

Pineville Primary Care (Novant), Charlotte Medical Clinic, Sanger Heart & Vascular Institute, Metrolina

Neurological Associates, Urology Specialists of the Carolinas.

10352 Park Road

Park Crossing Medical & Professional Center

About the Submarket:

Medical Office

Investment

Opportunity