975 By Pass 123Seneca, SC 29678

Property Details for 975 By Pass 123

Year built

1985

Lot size

0.66 AC

Property size (Sq ft)

3,032 SF

Property type

Retail properties

Property subtype

Banks

APN

520-16-01-012

APU

5201601012

Description

This exceptional investment opportunity presents a 3,289 square foot medical office building in Seneca, South Carolina, currently leased to AFC Urgent Care under a 10-year absolute NNN lease commencing December 24, 2023, and expiring December 31, 2033. The property boasts a strong 5.75% cap rate and a Net Operating Income (NOI) of $120,000. The lease includes annual rent bumps, ensuring consistent income growth. Situated on a 0.66-acre lot at 975 By Pass 123, Seneca, SC 29678, this high-visibility location benefits from exceptional daily traffic counts exceeding 31,000 vehicles on US Route 123, and an additional 50,900 vehicles daily at the nearby intersection of US Route 123 and State Route 28. The property enjoys proximity to major national retailers including Walmart, Lowe's, and numerous others, further enhancing its visibility and desirability. Its strategic location is also less than one mile from Prisma Health Oconee Memorial Hospital and less than eight miles from Clemson University, providing a substantial and stable patient base for the tenant. The building underwent renovations in 2024. This is a passive, long-term investment opportunity with a proven tenant in a high-traffic area. This offering is suitable for a 1031 exchange.

Location Insight

City

Seneca

County

Oconee

State

South Carolina

Latitude

34.694

Longitude

-82.9723

CBSA code

42860

CBSA name

SENECA, SC MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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].