Office Space
1818 Richardson Drive Reidsville, NC 27320
Details & Description
Price: $3,550,000
    Marcus & Millichap is pleased to present Reidsville Medical Arts Center, a multi-tenant medical office (condo) property and a second single tenant medical office located in Reidsville NC (Greensboro MSA). The property is anchored by Belmont Medical Associates, practicing in Reidsville for over 50 years.The property consists of a 20,212 square foot office building and a separate parcel with a 3,200 square foot single tenant medical building leased to Moses Cone Affiliated Physicians, known as Cone Health. The larger building has three condo units remaining making up 12,287 square feet or 61% of the space. The largest suite of 8,140 square feet and is leased to Belmont Medical Associates (Ste A). The remaining suites of 2,150 and 1,997 square feet are leased to LabCorp (Ste B) and Upstream Pharmaceutical Care (Ste C). The out parcel property with Cone Health is included in the sale.Belmont Medical Associates focuses on not only on preventive care, but also on the diagnosis and treatment of acute injuries and illness for the entire family. From pediatrics to geriatrics, the practice has been caring for families for over 50 years. The practice has over 35,000 patients.Moses Cone Physician Services, Inc., known a Cone Health Medical Group, has 30 practice medical offices located in 1 state 4 cities in the USA. There are 264 health care providers, specializing in Neurology, Nurse Practitioner, Internal Medicine, Infectious Disease, Cardiac Surgery, Thoracic Surgery, Physical Medicine And Rehabilitation, Family Medicine, Hospice/Palliative Care, Interventional Pain Management and more, being reported as members of the medical group. Medical taxonomies which are covered by Moses Cone Physician Services, Inc include Surgical, Neurological Surgery, Hospice and Palliative Medicine, Nurse Practitioner, Emergency Medicine, Registered Nurse, Psychologist, Anesthesiology, Rheumatology, Surgical Critical Care and many more.
    Property Highlights
    Listing Agents
    Donald Gilchrist

    O: 919-674-1104
    donald.gilchrist@marcusmillichap.com
    Nathan McElroy
    Marcus & Millichap
    O: 919-674-1106
    nathan.mcelroy@marcusmillichap.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    1818 Richardson Drive

    Reidsville, NC 27320

    Reidsville Medical Arts Center

    Listing ID: 275889
    • 1818 Richardson Drive Reidsville, NC 27320 | for Sale | Photo 1
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    • 1818 Richardson Drive Reidsville, NC 27320 | for Sale | Photo 3
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    Building Size: 15,487 SF
    Lot Size: 3.620 AC
    Land Size: 157,687 SF
    Building $/SF: $229.22
    Land $/SF: $22.51
    Price
    $3,550,000
    Property Highlights
    Multi-Tenant Medical Properties - Three Condo Units Separate Single Tenant Medical
    Anchored by Belmont Medical Associates w 15 Years Remaining on Term
    Out Parcel with Quality Tenant - Cone Health Medical Group Reidsville Pediatrics
    Located in Greensboro MSA
    New Roof as of July 2020 - Built 19982017
    Belmont Medical Associates Has 35,000 Patient Base
    Description

    Marcus & Millichap is pleased to present Reidsville Medical Arts Center, a multi-tenant medical office (condo) property and a second single tenant medical office located in Reidsville NC (Greensboro MSA). The property is anchored by Belmont Medical Associates, practicing in Reidsville for over 50 years.

    The property consists of a 20,212 square foot office building and a separate parcel with a 3,200 square foot single tenant medical building leased to Moses Cone Affiliated Physicians, known as Cone Health. The larger building has three condo units remaining making up 12,287 square feet or 61% of the space. The largest suite of 8,140 square feet and is leased to Belmont Medical Associates (Ste A). The remaining suites of 2,150 and 1,997 square feet are leased to LabCorp (Ste B) and Upstream Pharmaceutical Care (Ste C). The out parcel property with Cone Health is included in the sale.

    Belmont Medical Associates focuses on not only on preventive care, but also on the diagnosis and treatment of acute injuries and illness for the entire family. From pediatrics to geriatrics, the practice has been caring for families for over 50 years. The practice has over 35,000 patients.

    Moses Cone Physician Services, Inc., known a Cone Health Medical Group, has 30 practice medical offices located in 1 state 4 cities in the USA. There are 264 health care providers, specializing in Neurology, Nurse Practitioner, Internal Medicine, Infectious Disease, Cardiac Surgery, Thoracic Surgery, Physical Medicine And Rehabilitation, Family Medicine, Hospice/Palliative Care, Interventional Pain Management and more, being reported as members of the medical group. Medical taxonomies which are covered by Moses Cone Physician Services, Inc include Surgical, Neurological Surgery, Hospice and Palliative Medicine, Nurse Practitioner, Emergency Medicine, Registered Nurse, Psychologist, Anesthesiology, Rheumatology, Surgical Critical Care and many more.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
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    Listing Demographics for 1818 Richardson Drive Reidsville, NC 27320

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

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    Common Questions and Answers

    What is the asking price for 1818 Richardson Drive in Reidsville?
    The asking price for 1818 Richardson Drive is $3,550,000
    What is the building size of this Office property in Reidsville, NC?
    The size of the building/unit at 1818 Richardson Drive in Reidsville is 15,487 square feet
    How much land does the Reidsville, NC property at 1818 Richardson Drive include?
    1818 Richardson Drive in Reidsville includes 3.620 acres of land
    What kind of Office is the property at 1818 Richardson Drive?
    The property at 1818 Richardson Drive Reidsville, NC 27320 is listed as a Medical Office property
    What is the population within 1 mile of 1818 Richardson Drive in Reidsville?
    The population within 1 mile of 1818 Richardson Drive Reidsville, NC 27320 is 4,565 people.
    Who do I contact for questions about 1818 Richardson Drive?
    You should contact the listing agent, Donald Gilchrist, for any details regarding this commercial listing.

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