2650 St Matthews RdOrangeburg, SC 29118
ATI-Leased, 5,676 SF, High NOI
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 124
Highlights
- $1,300,000 asking price for a 5,676 SF medical office building in Orangeburg, SC.
- Net-leased to ATI Physical Therapy with a 5-year lease term plus a 5-year option.
- 7.74% cap rate with a $100,566 annual net operating income (NOI).
- 100% occupancy; building renovated in 2023 with a new roof and other improvements.
- $0.50/SF rent increase beginning 10/1/2026.
- 3.91-acre lot with 50 parking spaces; potential for future expansion.
Property Details for 2650 St Matthews Rd
- Property type
- Retail properties, Office properties
- Square Feet
- 5,676 SF
- Year Built/Renovated
- 2018/2023
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 170,320 SF
Location Insight
- City
- Orangeburg
- County
- Orangeburg
- State
- South Carolina
- Latitude
- 33.5345942
- Longitude
- -80.8411535
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - ATI-Leased, 5,676 SF, High NOI
- Where is the retail property located?
- The property is located at 2650 St Matthews Rd Orangeburg, SC.
- What is the asking price?
- The asking price for this property is $1,300,000.
- What are key features of this property?
- This property features: $1,300,000 asking price for a 5,676 SF medical office building in Orangeburg, SC.; Net-leased to ATI Physical Therapy with a 5-year lease term plus a 5-year option.; 7.74% cap rate with a $100,566 annual net operating income (NOI).
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