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%
Anchored: No
Year Built: 1986
Parking Type: Surface
County: Charleston
Land Size: 0.00
Class of Space: Class A
Title: Charleston Urgent Care
Second Property Subtype: Office, Retail
Zoning: City of Charleston - GB - Gen
Nearest Msa: Charleston-North Charleston, SC
Property Type: A
Original Price: $2,100,000
Property Use Type: Medical/Dental
Class Type: Office
Rentable Area: 5559
Water Source: Public
Sewer: Public Sewer
Courtesy of listing office Radekopf And Associates