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913 Bowman Rd 5,468 SF Office Building Mount Pleasant, SC 29464 $1,495,000 ($273.41/SF)
INVESTMENT HIGHLIGHTS
- Excellent location in central Mount Pleasant 1 mile from East Cooper Medical Center.
EXECUTIVE SUMMARY
Sale/Lease-back Investment opportunity. Owner will enter a new ten (10) year lease with prospective buyer at market rate. Cap rate will be based on the new lease and should be just north of 6.5%. The property is unit 2 in a two-unit condominium medical office building. The entire building consists of 7,137 gross square feet. Unit 2 is located on the west side of the building and consists of 3,627 gross sf with an additional 328 square foot lobby area shared with unit 1. The office is equipped with a patient waiting area, reception and record area, nurses’ station, multiple exam and a breakroom.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
5,468 SF
Building Class
C
Year Built
2002
Price
$1,495,000
Price Per SF
$273.41
Tenancy
Single
Building Height
1 Story
Typical Floor Size
5,468 SF
Building FAR
0.21
Lot Size
0.60 AC
Parking
35 Spaces (6.4 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Signage
1 1
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913 Bowman Rd
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