5530 Munford Road (“North Raleigh Psychiatry”) is a 3,617 RSF single-level, single-tenant investment condominium comprising of three combined units located in Raleigh, North Carolina. The space is currently leased by North Raleigh Psychiatry for ten (10) years, and is located directly off of Glenwood Avenue.
5530 Munford Road was constructed in 2002. The ten (10) year lease term commenced August 1, 2020 with annual escalations of 3%. Year 1 NOI is $72,350.