1201 Colonial Commons CtLancaster, SC 29720

Property Details for 1201 Colonial Commons Ct

Year built

1992

Lot size

0.82 AC

Property size (Sq ft)

8,482 SF

Property type

Office properties

Property subtype

Medical offices

Description

Exceptional investment opportunity: Two medical office buildings totaling 8,482 square feet situated on a 0.82-acre lot in Lancaster, South Carolina. Built in 1992, this Class C property features two two-story buildings. Building 1, located at 1201 Colonial Commons Ct, is configured as a medical office with approximately 14 rooms, a file room, reception area, and waiting room. It's also wired for an X-ray room and includes an upper-level workspace. Building 2, at 1203 Colonial Commons Ct, offers three curtained areas, a reception area, waiting room, file room, a large open space, and upper-level workstations. Currently, one building is leased (rental amount available upon request). The property is offered at $1,100,000, representing a price per square foot of $129.69. The current lease is a single-tenant, NNN lease with a remaining term of approximately two months, commencing August 1, 2024, and expiring January 31, 2025. This prime location offers proximity to MUSC (Medical University of South Carolina), making it an ideal investment for medical professionals or investors seeking a strong return. The property is offered as a fee-simple sale; no ground lease is involved.

Location Insight

City

Lancaster

County

Lancaster

State

South Carolina

Latitude

34.715

Longitude

-80.7953

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