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2061 Highway 52 17,346 SF 100% Leased Office Building Moncks Corner, SC 29461 $5,697,000 ($328.43/SF) 7.61% Cap Rate
Investment Highlights
- Berkeley Family Practice has 22 years remaining on a 25 year lease.
- 624 s.f. covered patient drop-off area.
- 98 regular parking spaces, 10 handicap spaces.
- Clinical Trials remaining term has 5 years remaining on 9+/- year lease.
- Parking lot resurfaced May 2025.
Executive Summary
This 17,346 SF medical office building in Moncks Corner, SC offers a prime investment opportunity with an NOI of $433,403 and a sale price of $5,697,000. The property is anchored by Berkeley Family Practice with 22 years remaining on a 25-year NNN lease, and Clinical Trials with 5 years left on a 9-year lease, providing a strong, stable cash flow. Additional features include a 625 SF covered patient drop-off and pick-up area, 108 parking spaces, and a newly resurfaced parking lot (May 2025). Zoned GC and positioned along a high traffic corridor with an AADT of 26,100, the property is ideally located.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
17,346 SF
Building Class
B
Year Built
1979
Price
$5,697,000
Price Per SF
$328.43
Cap Rate
7.61%
NOI
$433,403
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
17,346 SF
Building FAR
0.19
Lot Size
2.06 AC
Zoning
GB - General business
Parking
108 Spaces (6.23 Spaces per 1,000 SF Leased)
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Property Taxes
| Parcel Number | 181-00-01-028 | Improvements Assessment | $1,469,700 |
| Land Assessment | $354,500 | Total Assessment | $1,824,200 |
Property Taxes
Parcel Number
181-00-01-028
Land Assessment
$354,500
Improvements Assessment
$1,469,700
Total Assessment
$1,824,200
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2061 Highway 52
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