For Sale
$2,283,233

10110 Clemson BlvdSeneca, SC 29672

High-yield, single-tenant medical office

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 6,227 square foot Class B medical office building in Seneca, South Carolina, presents a compelling investment opportunity. Located on a 2.2-acre lot (APN 520-14-03-001), the property boasts 100% occupancy with a long-term, triple-net (NNN) lease in place with Mountain Lakes Family Medicine (Prisma Health). The current lease, commencing August 2022 and extending through 2032, includes a 10-year renewal option with annual rent increases of 2.5% starting in year six. Two additional 10-year renewal options with the same rent structure are also available. The asking price is $2,283,233, representing a compelling 6.00% capitalization rate based on a current net operating income (NOI) of $136,994. This property offers a stable, high-yield investment with significant long-term growth potential in a thriving healthcare market. The building's strong tenant, Prisma Health, a major integrated healthcare system in South Carolina, ensures consistent cash flow and minimizes vacancy risk. This is an ideal opportunity for investors seeking a secure, income-producing asset with a proven track record.

Highlights

  • 6,227 SF Class B medical office building.
  • 2.2-acre lot, Tax Map #: 520-14-03-001 (Oconee County, SC).
  • Single-tenant medical office building.
  • 100% occupancy.
  • Tenant: Mountain Lakes Family Medicine (Prisma Health).
  • NNN lease, August 2022 - 2032, with two 10-year renewal options.

Property Details for 10110 Clemson Blvd

Property type
Retail properties, Office properties
Square Feet
6,227 SF
Class
B
Lot Size (sq. ft)
95,832 SF

Location Insight

City
Seneca
County
Oconee
State
South Carolina
Latitude
34.6987791
Longitude
-82.9354838
10110 Clemson Blvd, Seneca, South Carolina

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10110 Clemson Blvd
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