2828 North AveAnderson, SC 29625

Property Details for 2828 North Ave

Property size (Sq ft)

5,900 SF

Property type

Healthcare properties

Property subtype

Other office properties

Description

This exceptional investment opportunity presents a 5,900 square foot, single-tenant medical office building located at 2828 E North Ave, Anderson, SC 29625. The property, a Class C building constructed in 2005 and expanded in 2019, boasts 100% occupancy with a strong, stabilized tenant: Magnolia Veterinary Hospital. This general wellness and emergency care practice, comprised of 11 veterinarians, enjoys above-average revenue and benefits from extended hours. The 2019 expansion added 2,000 square feet, significantly enhancing the building, HVAC system, and parking lot. The property is offered fee simple with a Net Net (NN) lease featuring a corporate guarantee from Encore Vet Group, a national pet healthcare group with over 60 locations. The lease includes scheduled annual rent increases of 4.0%, providing predictable income growth. The asking price is $3,300,000, translating to $559.32 per square foot. This is a rare opportunity to acquire a high-performing medical office building with a secure, long-term lease and significant upside potential. The property's location in Anderson County, South Carolina, offers convenient access to a thriving community. The building's recent improvements and strong tenant occupancy make this an attractive investment for discerning buyers seeking stable, high-return properties in the healthcare sector.

Location Insight

City

Anderson

County

Anderson

State

South Carolina

Latitude

34.5839

Longitude

-82.7994

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].