For Sale
$6,900,000

1070 Silver Bluff RdAiken, SC 29803

High-return office building; 100% occupied.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 37,901 square foot executive office building, located at 1070 Silver Bluff Road in Aiken, South Carolina, presents a compelling investment opportunity. Built in 1988 and extensively renovated in 2017, this Class B property boasts a single tenant with a new five-year lease, ensuring a stable income stream. The building sits on a 3.7-acre lot and comprises two stories. Currently operating at 100% occupancy, the property generates a substantial net operating income (NOI) of $509,019, translating to a strong 7.38% capitalization rate. The asking price is $6,900,000, representing a price per square foot of $182.05. The property's strategic location off Silver Bluff Road benefits from a thriving residential and retail corridor, and its proximity to SRS further enhances its appeal. The lease is a NNN (Triple Net) lease, minimizing landlord responsibilities. The property's strong tenant, combined with its prime location and impressive financial performance, makes it an attractive investment for discerning buyers. The Aiken County address is 1070 Silver Bluff Rd, Aiken, SC 29803, APN 106-19-20-001.

Highlights

  • $6,900,000 asking price for a stabilized office investment.
  • 37,901 square foot, Class B, single-tenant executive office building.
  • 100% occupancy with a new 5-year lease, generating $509,019 in NOI and a 7.38% cap rate.
  • Located at 1070 Silver Bluff Rd, Aiken, SC 29803, on a 3.7-acre lot (APN: 106-19-20-001).
  • NNN lease structure; built in 1988 and renovated in 2017; two-story building.

Property Details for 1070 Silver Bluff Rd

Property type
Office properties
Square Feet
37,901 SF
Class
B
Year Built/Renovated
1988/2017
Buildings
1
Stories
2
Lot Size (sq. ft)
161,172 SF

Location Insight

City
Aiken
County
Aiken
State
South Carolina
Latitude
33.5116328
Longitude
-81.7377107
1070 Silver Bluff Rd, Aiken, South Carolina

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
1070 Silver Bluff Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message