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24438011
24438012

2039 Savannah Highway, Charleston, SC 29407

SR
SC SC 23726, NC 224865
Radekopf and Associates
Listed by Radekopf and Associates
$1,895,000
180 days on market
Updated 89 days ago

2039 Savannah Highway

Details
Property Type Office, Special Purpose
Sub Type Medical Office
Square Footage 5,559
Units 1
Cap Rate 6.65%
Tenancy Single
Lease Type NNN
Lease Expiration 12/31/2034
Remaining Term 8.6
Price per SqFt $341
Class B
Year Built 1986
Stories 1
Parking Spaces 25 spaces
Parking Per SqFt 4.50
Tenant Credit Credit Rated

Office | 6.65% CAP | 5,559 SqFt

Marketing 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 term is through 2035 annual rent increases of 3%, and a compelling Cap Rate. 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 2019 Zoned GB 100% OccupancyTriple Net Lease (NNN) Lease Term: 10 years. Annual Rent Increases: 3% Asking Price: $1,895,000 Cap Rate (Avg NOI): 6.65%

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Listing Contacts

SR
SC SC 23726, NC 224865
Radekopf and Associates
Listed by Radekopf and Associates

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Additional Information

Name
Steve Radekopf
License
SC 23726
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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