For Lease
Call for price

1308 4Th StHartsville, SC 29550

6,720 SF Medical Building, Guaranteed Income

Overview

Added:
Dec 11, 2024
Days on market:
114
This 6,720 square foot, single-tenant retail building in Hartsville, SC, presents a compelling investment opportunity. Built in 2003 on a 4.02-acre lot, the property boasts a prime location at the intersection of US Route 15 and South 4th Street, offering excellent visibility and convenient access to Interstate 20 and major retailers like Walmart and Dollar Tree. Currently vacant, the property benefits from a corporate-guaranteed lease with Fresenius Medical Care Holdings, Inc. (rated BBB- by Standard & Poor's), providing one year of guaranteed income at an annual rental rate of $134,198 ($19.97/SF). This lease, extending until Summer 2025, offers flexibility for future repositioning through reletting or lease buyout negotiations. The property is offered significantly below replacement cost at $190 per square foot, representing a strong value-add proposition with minimal landlord responsibilities due to the net lease structure. This investment provides a secure income stream backed by a financially stable corporate guarantor, coupled with the potential for future appreciation and rental rate increases. The one-story building is strategically positioned for success in a thriving retail corridor, making it an attractive option for both investors seeking stable returns and end-users looking for a well-located property.

Highlights

  • Excellent Hartsville, SC location at US Route 15 and South 4th Street, near I-20 and major retailers.
  • Strong value-add opportunity: One year of guaranteed income remains on a corporate-guaranteed lease expiring Summer 2025, allowing for lease renegotiation or reletting.
  • Offered significantly below replacement cost at $190/SF.
  • Investment secured by corporate guarantee from Fresenius Medical Care Holdings, Inc., rated BBB- by Standard & Poor's.
  • Attractive annual rent of $19.97/SF.

Property Details for 1308 4Th St

Property type
Retail properties, Medical space
RSF (Rentable sq. ft)
6,720 SF
Year Built
2003
Buildings
1
Stories
1

Unit(s) available at that property

Space
Size
6,720 SF

Location Insight

City
Hartsville
County
Darlington
State
South Carolina
Latitude
34.3544952
Longitude
-80.059386
1308 4Th St, Hartsville, 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].
1308 4Th St
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