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50 13th Avenue NE & 52 12th Avenue NE Hickory, NC 28601 Hickory MOB Portfolio MOB Investment Properties for Sale Catawba Radiological Associates Viewmont Urology Clinic Unifour Family Health Care Godwin Family Dentistry Carolina Podiatry Center Viewmont Internal Medicine Hart Family Practice Viewmont Elementary School 13th Avenue NE 12th Avenue NE Viewmont Surgery Center Hickory Family Practice 2nd Street NE

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50 13th Avenue NE & 52 12th Avenue NEHickory, NC 28601

Hickory MOB Portfolio

MOB Investment Properties for Sale

CatawbaRadiologicalAssociates

ViewmontUrology Clinic

Unifour FamilyHealth Care

Godwin FamilyDentistry

Carolina Podiatry CenterViewmont

Internal Medicine

HartFamily Practice

ViewmontElementary School

13th Avenue NE

12th Avenue NE

Viewmont Surgery Center

Hickory Family Practice

2nd Street NE

TABLE OF CONTENTSA. EXECUTIVE SUMMARY

B. PROPERTY OVERVIEW Survey Floor Plan Property Detail Property Photos Tenant Profiles

C. AREA OVERVIEW Area Map Nearby Retailers

This information has been obtained from sources believed to be reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation to independently confirm its accuracy and completeness.

EX

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Y INTRODUCTION

OFFERING OVERVIEW

The Nichols Company is pleased to present the opportunity to purchase 50 13th Avenue NE & 52 12th Avenue NE, two medical office buildings located in Hickory, NC totaling 30,010 SF. The buildings can be purchased separately or together. Both buildings are currently leased by established medical offices on triple net leases and to creditworthy tenants that are in close proximity to the area hospital and other area practices.

• Established medical offices

• Occupancy rate: VIewmont Surgery Center, 50 13th Avenue NE - 63% occupied Hickory Family Practice, 52 12th Avenue NE - 100% occupied

• Located in a dense medical office area of Hickory

• Easy access from two signalized intersections on US 127, a major 4-lane highway

• Abundant onsite and cross access parking for each property

Viewmont Surgery Center

PR

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VIE

W ABOUT The subject properties include two medical office buildings

currently occupied by Viewmont Surgery Center and Hickory

Family Practice.

Viewmont Surgery Center, a tenant since 1997, occupies

11,022 SF of the available 17,662 SF at 50 13th Avenue NE

Hickory, NC 28601. The tenant has invested significant upfit

dollars into their exam and surgery rooms and have expand-

ed two times previously. Patients save significant money on

same-day surgeries at VSC versus similar service at the pri-

mary hospital system. VSC is on a triple net lease that expires

12/31/2023 and was recently renewed for an additional 5

years.

Hickory Family Practice, a long established medical group

that has been a tenant since 1998, occupies 100% of the

12,348 SF building located at 52 12th Avenue NE Hickory,

NC 28601. The practice is on a triple net lease that expires

11/30/2023 and recently renewed for an additional 5 years.

Recent renovations to the building include:

Interior:

• New Countertops

• New Paint

• New Vinyl Plank

Viewmont Surgery Center

Hickory Family Practice

Exterior:

• New Exterior Paint

• Resurfacing Parking Lot

• New Landscaping

P R O P E R T Y O V E R V I E W

SURVEY50 13TH AVENUE NE - VIEWMONT SURGERY CENTER

300 EAST

Revolution

Clothiers

& Co.

P R O P E R T Y O V E R V I E W

SURVEY52 12TH AVENUE NE - HICKORY FAMILY PRACTICE

P R O P E R T Y O V E R V I E W

FLOOR PLAN50 13TH AVENUE NE - VIEWMONT SURGERY CENTER

3,070 SFVACANT

3,570 SF VIEWMONT SURGERY CENTER7,570 SF

VIEWMONT SURGERY CENTER2,700 SF

VIEWMONT SURGERY CENTER752 SF

HVAC/MECHANICAL

FOYER

FLOOR PLAN52 12TH AVENUE NE - HICKORY FAMILY PRACTICE

P R O P E R T Y O V E R V I E W

PROPERTY DETAILPROPERTY DETAIL - 50 13TH AVENUE NE

VIEWMONT SURGERY CENTERProperty Address: 50 13th Avenue NE Hickory, NC 28601

Parcel ID: 370311657769

Acreage: 2.40 Acres

Year Built: 1978

Leasable Square Footage: 17,662

Number of Buildings: 1

Number of Tenants: 1

Parking: Approx. 105 Spaces Onsite with Cross Access

Zoning: NC - Neighborhood Commercial

Landlord is responsible for roof, exterior structure and parking lot

*Call for Pricing

PROPERTY DETAIL - 52 12TH AVENUE NEHICKORY FAMILY PRACTICE

Property Address: 52 12th Avenue NE Hickory, NC 28601

Parcel ID: 370311658501

Acreage: .72 Acres

Year Built: 1998

Leasable Square Footage: 12,348

Number of Buildings: 1

Number of Tenants: 1

Parking: Approx. 15 Spaces Onsite with Another 45 Shared Spaces for a Total of 60 with Cross Access

Zoning: OI - Office & Industrial

Landlord is responsible for roof, exterior structure and parking lot

*Call for Pricing

DEMOGRAPHICS 1 mile 3 mile 5 mile

2017 Population 7,342 23,761 40,008

2022 Expected Population 7,339 23,869 40,322 2017 Households 3,118 10,089 16,773 Daytime Employees 4,381 26,697 43,994

P R O P E R T Y O V E R V I E W

PROPERTY PHOTOS

Viewmont Surgery Center

P R O P E R T Y O V E R V I E W

PROPERTY PHOTOS

Hickory Family Practice

P R O P E R T Y O V E R V I E W

TENANT PROFILES

www.fryecarephysicians.comFryeCare Hickory Family Practice, an affiliate of Tenet North Carolina, LLC offers a comprehensive range of services for family members of all ages including well-child visits, OBGYN services, skin cancer screenings, immunizations and pulmonary function testing. Additionally, the staff of 6 physicians offers thorough diagnosis and treatment of chronic conditions including diabetes, hypertension and high cholesterol.

Hickory Family Practice

Address: 52 12th Avenue NE, Hickory, NC 28601Square Footage: 12,348Lease Expiration: 12/31/2023

Address: 50 13th Avenue NE, Hickory, NC 28601Square Footage:11,022Lease Expiration: 11/30/2023

www.viewmontsurgerycenter.comViewmont Surgery Center was established by a group of dedicated area physicians seeking a better way to serve their patients. From the time the facility has opened its doors, the mission has been to provide specialized surgical procedures in a high-quality, patient-focused environment that is both comforting and accomodating

Staff of Viewmont Surgery Center

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HICKORY

Hickory is located in the North Carolina foothills be-tween Charlotte and Asheville along I-40. With a strong history of craftsmanship, Hickory is known for its fine furniture making and yet is also home to Apple’s largest data center. Named an All- America City three times, 1st in the nation for lowest business costs (Forbes, 2017) and the best place in North Carolina to start a business by Nerd Wallet (2017), Hickory has grown from a small town to a bustling city with a population of more than 40,000.

Aside from being so business friendly, Hickory is rich in cultural opportunities, thanks in part to it being the home of Lenoir-Rhyne University, a private liberal arts school founded in 1891. The area’s downtown is also thriving and is a true destination for shopping, dining, events and festivals.

P R O P E R T Y O V E R V I E W

AREA MAP

Viewmont Surgery Center

Hickory FamilyPracticeZoomed Map View

CatawbaRadiologicalAssociates

ViewmontUrology Clinic

Unifour FamilyHealth Care

Godwin FamilyDentistry

Carolina Podiatry CenterViewmont

Internal Medicine

HartFamily Practice

ViewmontElementary School

13th Avenue NE

12th Avenue NE

Viewmont Surgery Center

Hickory Family Practice

Click Here for Drone Footage2nd Street NE

2nd Street NE

A R E A O V E R V I E W

NEARBY RETAILERS

J O S H B E A V E R | T h e N i c h o l s C o m p a n y | ( O ) 7 0 4 . 3 7 3 . 97 97 | ( F ) 7 0 4 . 3 7 3 . 97 9 8

[email protected] | www.thenicholscompany.com | 1204 Central Avenue, Suite 201, Charlotte, NC 28204

Hickory, NC