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Novant Health Urgent Care 516 Montague Ave 6,724 SF Office Building Greenwood, SC 29649 $3,301,000 ($490.93/SF) 5.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Absolute net lease | Zero landlord responsibilities
- Investment grade credit | A1/A+ | High financial stability and low default risk
- Located inside of dense retail corridor | 3.6M SF within a 2-mile radius
- Corporate lease | Novant Health, Inc. | 900 locations across NC & SC
- Great visibility & access from Montague Ave | 17,200 VPD
- Strategically located near a top-performing Lowe’s and Walmart Supercenter | Both rank in the 95th percentile or better in SC via Placer.ai
EXECUTIVE SUMMARY
Ransome Foose and Carl Brendes of Berkeley Capital Advisors are pleased to present for sale Novant Health Urgent Care in Greenwood, SC. We welcome your review of this attractive investment.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
Build to Suit
Property Type
Office
Property Subtype
Medical
Building Size
6,724 SF
Building Class
B
Year Built
2012
Price
$3,301,000
Price Per SF
$490.93
Cap Rate
5.50%
NOI
$181,548
Tenancy
Single
Building Height
1 Story
Typical Floor Size
6,724 SF
Building FAR
0.16
Lot Size
0.95 AC
Zoning
Commercial
Parking
36 Spaces (5.35 Spaces per 1,000 SF Leased)
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PROPERTY TAXES
| Parcel Number | 6846-557-448-000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $77,550 |
PROPERTY TAXES
Parcel Number
6846-557-448-000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$77,550
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Novant Health Urgent Care | 516 Montague Ave
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