216 Myers Rd Summerville, SC 29486

This exceptional Summerville, SC investment opportunity presents a 9,000 square foot Class A office building situated on a 2.72-acre lot. Currently boasting 100% occupancy with two tenants, the property generates a substantial net operating income (NOI) of $240,000, representing a 6.08% cap rate based on the current single occupied tenant. The anchor tenant, Acuity Dental-Orthodontics, occupies 4,500 square feet under a five-year lease with a renewal option in 2026, including an escalator clause. The second 4,500 square foot suite offers immediate occupancy potential or the opportunity to secure a comparable tenant, potentially doubling the current NOI. The building, constructed in 1993 and extensively renovated in 2020, features 66 surface parking spaces. A significant advantage is the inclusion of approximately one acre of developable land, allowing for expansion and increased rental income. This strategically located property benefits from high traffic on a state road connecting 17-A and Highway 176, and proximity to the burgeoning Carnes Crossroads development and a new residential community adding approximately 420 homes. The property is zoned Berkeley - RNC - Rural and Neighborhood Commercial. Conceptual plans for an additional building are available, though these are purely conceptual and haven't undergone any approval processes. The asking price is $3,950,000, reflecting a price per square foot of $438.89. This is a value-add opportunity with significant upside potential for a savvy investor.