Property

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

 

Palmetto Commercial Properties

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Info

  • Address2039 Savannah
  • City, ZIPCharleston, SC 29407
  • MLS #31006490
  • Price$2,100,000.00
  • TypeOffice
  • Sq Ft5559
  • Country:Charleston
  • Title:Charleston Urgent Care
  • Zoning:City of Charleston - GB - General Business

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