For Sale
$240,000

410 University PkwyAiken, SC 29801

High-yield, NNN-leased medical suite.

Overview

Added:
Dec 11, 2024
Days on market:
114
This 1,535 square foot Class B medical office condominium, located at 410 University Parkway, Suite 1500A, Aiken, SC 29801 (APN 087-15-02-028), presents a compelling investment opportunity. The property boasts a 100% occupancy rate with a single, high-credit regional eye care tenant operating multiple locations across Florida, Georgia, and South Carolina. Situated in a prime location adjacent to Aiken Regional Hospital, this suite enjoys exceptional visibility and accessibility, being conveniently located just inside the building's entrance on the hospital side. The property is offered at $240,000, representing a price per square foot of $156.35 and a 9.00% cap rate. This triple net (NNN) lease structure shifts most operating expenses to the tenant, minimizing the owner's responsibilities. The investment highlights include a strong tenant with a proven track record, a desirable location next to a major hospital, and a secure, passive income stream. This is an excellent opportunity for investors seeking a stable, high-return medical office investment in a thriving South Carolina market.

Highlights

  • 1,535 SF Class B medical office condo in Aiken, SC, leased to a high-credit regional eye care tenant.
  • Located at 410 University Parkway, Suite 1500A, Aiken, SC 29801 (APN 087-15-02-028), adjacent to Aiken Regional Hospital.
  • Triple net (NNN) lease with 100% occupancy.
  • Offered at $240,000 ($156.35/SF), with a 9.00% cap rate.
  • Conveniently located just inside the building entrance on the hospital side.

Property Details for 410 University Pkwy

Property type
Office properties, Medical offices
Square Feet
1,535 SF
Class
B

Location Insight

City
Aiken
County
Aiken
State
South Carolina
Latitude
33.57283096236
Longitude
-81.764892536121
410 University Pkwy, Aiken, South Carolina

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410 University Pkwy
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