Description
Presenting the prime opportunity to invest in a thriving medical property, this 5,567 SF building boasts unparalleled appeal for Office / Medical investors. With a strategic location in Charleston, SC, this property offers a solid foundation for success. Renovated in 2019 and currently zoned GB, the building enjoys 100% occupancy under a favorable Triple Net Lease. The lease terms include a 5-year term with a 5-year renewal option, annual rent increases of 3%, and a compelling Cap Rate of 6.00%. Positioned for long-term success, this property represents a lucrative investment in the burgeoning Charleston market.Urgent and Primary CareBuilding Size: 5,567 SFRenovated in 2019Zoned GB100% OccupancyTriple Net Lease (NNN)Lease Term: 5 years + two 5-year renewal optionAnnual Rent Increases: 3%Asking Price: $2,100,000Cap Rate (Avg NOI): 6.00%
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
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5,559SQFT
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$378$/SQFT
School Ratings & Info
Description
Presenting the prime opportunity to invest in a thriving medical property, this 5,567 SF building boasts unparalleled appeal for Office / Medical investors. With a strategic location in Charleston, SC, this property offers a solid foundation for success. Renovated in 2019 and currently zoned GB, the building enjoys 100% occupancy under a favorable Triple Net Lease. The lease terms include a 5-year term with a 5-year renewal option, annual rent increases of 3%, and a compelling Cap Rate of 6.00%. Positioned for long-term success, this property represents a lucrative investment in the burgeoning Charleston market.Urgent and Primary CareBuilding Size: 5,567 SFRenovated in 2019Zoned GB100% OccupancyTriple Net Lease (NNN)Lease Term: 5 years + two 5-year renewal optionAnnual Rent Increases: 3%Asking Price: $2,100,000Cap Rate (Avg NOI): 6.00%