1023 Creekside Medical DrYork, SC 29745

Property Details for 1023 Creekside Medical Dr

Year built

1988

Lot size

0.95 AC

Property size (Sq ft)

6,440 SF

Property type

Commercial real estate

APN

070-15-01-020

APU

701501020

Description

This exceptional investment opportunity presents a 7,088 square foot medical office building located at 1023 Creekside Medical Dr, York, SC 29745. The property, built in 1988 and renovated in 1995, sits on a 0.95-acre lot and boasts a strong 8.37% cap rate with a Net Operating Income (NOI) of $127,433. Currently 100% occupied by a single tenant under a Net Lease (NN+) agreement with a remaining lease term of approximately 1.6 years, expiring June 29, 2026. The lease commenced June 30, 2019, and includes CPI rent bumps. The asking price is $1,523,000, translating to a price per square foot of $214.87. This freestanding family medicine practice is strategically located in a retail and residential corridor, benefiting from a surging population growth and significant residential development nearby, including the McFarland Estates development. The tenant has occupied the space since 1988, demonstrating a stable patient base and long-term commitment. This property offers a compelling investment opportunity in a high-growth area with a strong tenant and favorable lease terms. The property is a single-tenant net lease medical office investment owned by a major hospital system.

• Alternative Use

  Use

  Valuation

  Residential

  $1,733,703

  Hospitality

  $1,588,063

  Educational

  $1,321,250

  Medical

  $1,366,690

  Retail

  $2,055,277

Location Insight

City

York

County

York

State

South Carolina

Latitude

34.9847

Longitude

-81.2196

CBSA code

16740

CBSA name

CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN 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].