Charleston Urgent Care

Investment Overview

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 term is 10 years and annual rent increases of 3%, and a compelling Cap Rate of 6.65%. Positioned for long-term success, this property represents a lucrative investment in the burgeoning Charleston market.

Investment Highlights

• Urgent and Primary Care
• Building Size: 5,567 SF
• Renovated in 2019
• Zoned GB
• 100% Occupancy
• Triple Net Lease (NNN)
• Lease Term: 5 years + one 5-year renewal option
• Annual Rent Increases: 3%
• Asking Price: $$1,895,000
• Cap Rate (Avg NOI): 6.65%
• Year 6 NOI: $118,461.58
• Escalated Year 10 NOI: $133,329.55