5300 SqFt Office Building, Medical Professional, multiuse
$550,000
2001 East Blackstock Road, Roebuck, SC 29376
For Sale
Office
Active
Last Updated: 12/06/2022
9
Cap Rate
49,600
NOI
Details:
Cap Rate: 9%
NOI: $49,600
Building Size: 5,300 sqft
Lot Area: 25,000 sqft
Lease Type: Modified Gross
Occupancy: 70%
Price Per Sqft: $103
Year Built: 1998
Average Room Size: 1,000 sqft
Tenancy: Multiple
Floors: 2
Parking Spots: 30
Year Last Renovated: 2020
Gross Leaseable Area: 5,300
Construction Status: move in
Parking Ratio: 5.7
HVAC: Electric Heat Pump
Restrooms: 7
CeilingHeight: 8
Lease Expire Year: 10/31/2026
Description:
The building is in the business district of small community. Most past Tenants have all been long term (10 yrs or more). They have been Dental, Medical, Engineering, Sales, Accounting, Insurance and Salon and Day Spas. It is near bank and post office in a quiet neighborhood, within 5 miles of Spartanburg and Interstate 26. Construction is frame with brick veneer, Roof and HVAC is in excellent condition. 100% of building is leased with 2 national 1 local Tenant, at $12/SF. Leases are 5 year and 3 year with renewal option. Expenses are approx. $12K. CAP rate at 9.05%.
Documents:
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Office_Brochure_8.pdf
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Location
Gallery
