Charlotte, North Carolina -
Commercial Real Estate Investment opportunities are showing up in the
Medical Office Buildings market. A Stamford, CT based RiverOak Investment Corp., LLC. has recently purchased four-buildings in the Novant Health, Inc. portfolio in the Charlotte-Winston-Salem Corridor of North Carolina for $21 million.
The seller of this
Commercial Real Estate Investment was a group of private investment entities advised by Commercial Realty Advisors of Winston-Salem.
The buildings in the Novant portfolio are currently 100% occupied by divisions of the Novant
Healthcare System. Together they consist of just under 250,000 square feet of medical warehouse, accounting, human resources and IT Office Space.
Commercial Real Estate Investment Groups target Medical Office Buildings
Some
Commercial Real Estate Investment Groups are targeting medical office buildings, because
Healthcare, as a percentage of GDP, is growing, and could soon reach 20%. Also, approximately another 30 to 40 million people will be added to the system, because of the recent
Healthcare reform legislation.
Healthcare as a business is looking like a recession-resistant business. Many of the Leases on these
Medical Office Buildings are
Single Tenant, Triple Net Leases, which means the tenant pays all the operating expenses.
Triple Net Lease Properties are normally not as subject to change in value as conventional
Office Buildings are.
Some reports have Healthcare Buildings at the lowest delinquency rate, 4.33%, of all the major Commercial Real Estate sectors.
If you feel this is the right time to invest in
Commercial Real Estate, Apartment Buildings,
Net Lease Properties or a
Medical Office Building then contact us,
HERE. We can also assist you with your
Commercial Real Estate Mortgage and
Non-Recourse Loan to purchase a new property.