2060 Charlie Hall Blvd Charleston, SC 29414

This exceptional investment opportunity presents a 6,029-square-foot medical office building in Charleston, South Carolina, currently leased to Carolina Eyecare Physicians. The property boasts a strong 10.9-year remaining lease term (expiring September 30, 2035) with a highly reputable tenant. The lease includes 2.75% annual rent increases, providing consistent income growth. Two five-year renewal options further enhance the long-term stability of this investment. The building, constructed in 2002, has undergone recent capital improvements, including a roof replacement in October 2021 (with a warranty extending to October 2031) and an HVAC unit replacement in 2023 (another was replaced in 2018). Carolina Eyecare Physicians is a well-established group with 18 locations and a 30-year history in the Charleston area. The tenant strategically partnered with US Eye in 2020, a leading support provider backed by Pamlico Capital, a private equity firm managing $4 billion in assets. The property's prime location within a dense medical corridor, adjacent to Bon Secours St. Francis Hospital (a 204-bed facility generating $305 million in annual net patient revenue) and the recently expanded West Ashley Medical Pavilion, ensures high visibility and strong demand. The surrounding area also features thriving retail, including national tenants like Home Depot, Lowe's, McDonald's, and a top-performing Chick-fil-A. The Charleston MSA's robust economy, with a population growing three times faster than the national average, further strengthens this investment's potential. The asking price is $2,991,000, representing a 6.40% cap rate and a price per square foot of $496.10. The property's Net Operating Income (NOI) is $191,417. This is a fee-simple ownership opportunity with significant upside potential.