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1201 Carolina Pl
Fort Mill, SC 29708
Palmetto Commerce Center · Office Property For Sale
·
9,093 SF
INVESTMENT HIGHLIGHTS
- Fully Renovated Commercial Condo
- Office, Medial Office, Retail, Daycare and more uses allowed
- Owner user or Investment Opportunity
- Excellent location, Outstanding logistics
EXECUTIVE SUMMARY
Positioned in the heart of one of the fastest-growing towns in the Charlotte metropolitan area, 1201 Carolina Place offers a rare opportunity for owner-users or investors seeking a turnkey commercial asset in a high-demand corridor. Strategically situated in Fort Mill, SC, the location offers seamless access to major highways and is surrounded by a mix of residential neighborhoods, retail centers, and corporate campuses. The area’s rapid population growth and economic expansion continue to drive demand for quality commercial space, enhancing the long-term value of this asset.
PROPERTY FACTS
1 UNIT AVAILABLE
Unit 101
| Unit Size | 2,899 SF | NOI | $120,930 |
| Condo Use | Office/Medical | Sale Conditions | 1031 Exchange |
| Sale Type | Investment or Owner User | APN/Parcel ID | 6550000040 |
| Cap Rate | 8.34% |
| Unit Size | 2,899 SF |
| Condo Use | Office/Medical |
| Sale Type | Investment or Owner User |
| Cap Rate | 8.34% |
| NOI | $120,930 |
| Sale Conditions | 1031 Exchange |
| APN/Parcel ID | 6550000040 |
DESCRIPTION
This Class A office condominium spans 2,899 square feet and is located within a professionally managed business park that benefits from excellent visibility and strong traffic counts.
The property’s flexible UD zoning supports a wide range of commercial uses, including medical, professional office, retail, and daycare, making it ideal for businesses looking to establish a presence in a thriving, well-connected community.
The suite is currently generating robust leasing income, with a gross of $150,000 and net operating income of $121,500, delivering an attractive 8.4% cap rate for investors.
SALE NOTES
Class A commercial condo allowing versatile uses: office, medical, retail, daycare, institutional and more! This stylish, move-in ready space can serve as owner-occupier headquarters or a prime investment asset in an explosive market. Currently tenant occupied, offered at CAP 8% and producing $150k gross income.
Situated within an extremely fast growing and affluent community, ensuring a constant demand for high-quality services and offering exceptional demographics! HHI $114,000; 13% - 14% income and population growth 24'-29'. This is a turnkey opportunity in one of the region's fastest-growing and most affluent corridors. Easy connectivity to I-77, short commute to Charlotte NC.
This is more than just a building; it's a strategic business decision. Whether you are looking to establish your flagship office, expand your medical practice, or add a stellar property to your investment portfolio, this property delivers.
Contact us today to schedule a private viewing and see firsthand why this is the premier commercial opportunity in Fort Mill.
