2039 Savannah HWY, Charleston, SC 29407
2039 Savannah HWY, Charleston, SC 29407
2039 Savannah HWY, Charleston, SC 29407
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Russ Whited

Russ Whited

+1(843) 200-9606
$1,895,000
Est. payment /mo
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Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

MLS Listing ID 31006490

Year Built 1986

Property Sub-Type Office

Property 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 terms include a 5-year term with a 5-year renewal option, 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.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: $$1,895,000Cap Rate (Avg NOI): 6.65%

Location

State SC

County Charleston

Zoning City of Charleston - GB - General Business

Exterior

Parking Features Surface

Garage Spaces 25.0

Building

Sewer Public Sewer

Water Public

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Listed by Steve Radekopf • Radekopf And Associates

Nearby School & Business

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Russ Whited

Russ Whited

+1(843) 200-9606

Broker | License ID: 30867

Broker License ID: 30867

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