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14 Oak Forest Rd
Bluffton, SC 29910

$628,148 - $2,861,037 USD

Medical Condos For Sale • 1,325+ SF

Property Details

Property Type Medical
Total Building Size 10,000 SF
Lot Size 2.86 AC
Building Class B
Year Built 2004
Cap Rate 6.75 %
Tenancy Multiple
Zoning PUD/Neighborhood General

0 Transit Score

47 Walk Score

4 Units Available

Name	Condo Use	Size	Price
1st Floor - Unit 100-B	Medical	1,560 SF	$647,111 USD
Unit Size: 1,560 SF Condo Use: Medical Price: $647,111 USD Sale Type: Investment Price/SF: $414.81 USD Description 100% Leased Medical space designed and operated as a family practice. Brand new 3-Year lease at $28/ft NNN with 3% annual increase and two 3-year options to renew.
1st Floor - Unit 100-D	Medical	3,395 SF	$1,609,481 USD
Unit Size: 3,395 SF Condo Use: Medical Price: $1,609,481 USD Sale Type: Investment Price/SF: $474.07 USD Description 100% leased medical space designed and operated as a family medical practice. Brand New 5-year lease at $32/ft NNN with 3% annual increase and two 5-year options to renew.
1st Floor - Unit 100-E	Medical	1,325 SF	$628,148 USD
Unit Size: 1,325 SF Condo Use: Medical Price: $628,148 USD Sale Type: Investment Price/SF: $474.07 USD Description 100% Leased Medical space designed and operated as a family medical practice. Brand New 5-year lease at $32/ft NNN with 3% annual increase and two 5-year options to renew.
1st Floor - Unit b,c,d,e	Medical	6,808 SF	$2,861,037 USD
Unit Size: 6,808 SF Condo Use: Medical Price: $2,861,037 USD Sale Type: Investment Price/SF: $420.25 USD Description 4 Medical office suites totaling 6808 sqft, were recently upgraded with new flooring, paint, fixtures etc. All 4 suites have been newly leased to all medical tenants. Three leases are as follows: Global Family Medicine- 5-year lease with two 5-year extensions to renew at $32.00/ft NNN with 3% annual escalations. The Lavander Lounge Medical Head Spa 3-year lease with two 3-year options to renew at $28.00/ft NNN with 3% annual escalations. Novant Health 3-year lease with one option to renew for 3 years at $32.00/ft NNN with 3% annual escalations. Sale Notes Suites B, C, D & E are for sale and the buyer must verify square footage of the space as a whole or all individually used spaces.

Description

$193,120 in NOI, 4 Medical office suites totaling 6808 sqft, were recently upgraded with new flooring, paint, fixtures etc.    Suites B, C, D & E are for sale and the buyer must verify the square footage of the space.  Tenants include The Lavender Lounge Medical Head Spa, Global Family Medicine, and Novant Health.  All tenants have brand new leases with options.

                
                    Highlights
                
                                Adjacent to Kroger in Bluffton
                            
                                Less than 3 miles away from three brand new hospitals

Financial Summary

Cap Rate:	6.75 %
Total Expenses:	$0 USD

Major Tenants

Tenant	SF Occupied	Lease End Date
Global Family Medicine	3,395 SF	8/31/2030
Novant Health	1,275 SF	8/31/2028
The Lavender Lounge Medical Head Spa	1,560 SF	8/31/2028

Amenities

Bus Line
Signage

Public Transportation

Airport	Drive	Walk	Distance
Hilton Head	21 min	-	12.0 mi
Savannah/Hilton Head International	47 min	-	33.7 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	70
Type:	Surface
Included in Rent:	Yes

Matthew Bradford 843-290-8121 The Bradford Group

14 Oak Forest Rd Bluffton, SC 29910

$628,148 - $2,861,037 USD

Property Details

4 Units Available

Description

Description

Description

Description

Sale Notes

Description

Highlights

Financial Summary

Major Tenants

Amenities

Public Transportation

Parking Details

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14 Oak Forest Rd
Bluffton, SC 29910