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2475 Broad St 6,204 SF Office Building Sumter, SC 29150 $2,850,000 ($459.38/SF)



Investment Highlights
- Single-tenant medical office leased to Novant Health Urgent Care with AA-/A+ credit rating.
- NN lease structure with limited landlord responsibilities.
- Surrounded by national retailers and restaurants in a strong commercial corridor.
- Approximately 9.75 years remaining on the lease with a 5-year renewal option.
- Located on Broad Street with exposure to 31,000+ vehicles per day.
Executive Summary
This offering presents an opportunity to acquire a fee-simple interest in a single-tenant medical office property leased to Novant Health Urgent Care, a leading healthcare provider with an AA-/A+ credit rating. The 6,204-square-foot facility was purpose-built in 2007 and is situated on a 2.27-acre parcel along Broad Street, Sumter’s primary commercial corridor. The property benefits from a long-term lease with approximately 9.75 years remaining and minimal landlord responsibilities under a NN structure, providing stable, predictable cash flow for investors.
The tenant, Novant Health Urgent Care, operates as part of Novant Health, Inc., an integrated healthcare system with over 40,000 employees and 2,000+ physicians. The Sumter location includes a physical therapy clinic, adding an additional revenue stream and reinforcing the tenant’s commitment to the site. The lease includes a 5-year renewal option and scheduled rental increases, enhancing long-term income growth.
Positioned in a high-traffic area with over 31,000 vehicles per day, the property is surrounded by major national retailers such as Walmart, Lowe’s, BJ’s Wholesale Club, and numerous dining options. The location offers strong regional connectivity via U.S. Highway 378 and proximity to Shaw Air Force Base, a major economic driver for the region. This investment combines credit tenancy, a long-term lease, and a desirable location in a growing market, making it an attractive addition to any portfolio.
The tenant, Novant Health Urgent Care, operates as part of Novant Health, Inc., an integrated healthcare system with over 40,000 employees and 2,000+ physicians. The Sumter location includes a physical therapy clinic, adding an additional revenue stream and reinforcing the tenant’s commitment to the site. The lease includes a 5-year renewal option and scheduled rental increases, enhancing long-term income growth.
Positioned in a high-traffic area with over 31,000 vehicles per day, the property is surrounded by major national retailers such as Walmart, Lowe’s, BJ’s Wholesale Club, and numerous dining options. The location offers strong regional connectivity via U.S. Highway 378 and proximity to Shaw Air Force Base, a major economic driver for the region. This investment combines credit tenancy, a long-term lease, and a desirable location in a growing market, making it an attractive addition to any portfolio.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
6,204 SF
Building Class
B
Year Built
2007
Price
$2,850,000
Price Per SF
$459.38
Tenancy
Single
Building Height
1 Story
Typical Floor Size
6,204 SF
Building FAR
0.06
Lot Size
2.27 AC
Zoning
PD - Planned Development
Parking
40 Spaces (6.5 Spaces per 1,000 SF Leased)
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Property Taxes
| Parcel Number | 203-07-01-016 | Improvements Assessment | $26,830 |
| Land Assessment | $24,530 | Total Assessment | $51,360 |
Property Taxes
Parcel Number
203-07-01-016
Land Assessment
$24,530
Improvements Assessment
$26,830
Total Assessment
$51,360
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2475 Broad St
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