5300 SqFt Office Building, Medical Professional, multiuse

2001 East Blackstock Road, Roebuck, SC

   SOLD!   

$550,000

Price

9%

Cap Rate

$49,600

NOI

Gallery
Street
Map
Overview
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
5300
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
Title
Office_Brochure_8.pdf
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Location
Gallery