Truist Bank Ground Lease & Herlong Court Medical
Office | 9,572 SqFt
Marketing description
This is a unique opportunity to acquire two fully leased properties in Rock Hill, SC, located directly across from Piedmont Medical Center. The offering includes a ground lease for a free-standing Truist Bank branch at 245 S. Herlong Avenue and a fully leased medical office building at 1665 Herlong Court. The properties can be purchased together or separately.
The Truist Bank ground lease features 5+ years remaining with options to renew, and the building is approximately 3,058 SF on a 1.10 acre corner site. The medical office building at 1665 Herlong Court is approximately 6,514 SF with Suite B leased to Metrolina Neurological until 7/31/29 and Suite D leased to Dr. Tracy Timony through 9/30/29.
Investment highlights
Investment opportunity featuring a ground lease to Truist Bank and a fully leased medical office building across from a regional medical center.
Property highlights - 1665 Herlong ave
- Fully leased medical office building in Rock Hill, SC
- +/-6,514 SF building directly across from Piedmont Medical Center
- Suite B is leased to Metrolina Neurological until 7/31/29
- Suite D is leased to Dr. Tracy Timony through 9/30/29
- Property can be purchased separately.
Property Highlights - 245 S. Herlong Avenue
- Ground Lease for free standing bank branch
- 5+ years remaining with options to renew
- Building is approx. 3,058 SF
- 1,.10 Acre site on corner across from Piedmont Medical Center
- Existing land lease through March 2031
- Annual increases of 3.25%
- 2-5 year renewal options
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