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Harrisburg
Medical Office
Building

Harrisburg Medical Office Building

HIGHLIGHTS

Address

9550 Rocky River Road

Location

Harrisburg, North Carolina

Size

± 14,000 SF

Services

Development

Disposition

Property Management

Summary

Completed in 2013, 9550 Rocky River Road is a 14,000 RSF two-story multi-tenant medical office building in Harrisburg, North Carolina. The property is phase I of a 3 phase planned medical office park on a 4.134 acres of land, which is adjacent to a free-standing emergency department operated by Carolinas HealthCare System.

The Flagship Healthcare Properties team worked closely with the NCDOT, the town of Harrisburg, and adjacent property owners to negotiate a shared driveway and shared maintenance agreement. These efforts produced an ideal entrance for the property, satisfying the NCDOT and allowing for more buildable area on the property.

Flagship delivered the project under budget, saving the ownership entity 6% of the total project cost. As a result of a JV partner exiting the asset class, the property was sold in 2019. Flagship was retained as third-party Property Manager upon completion of the sale.