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1st Floor - Unit B
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Medical
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6,769 SF
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$2,675,000 USD
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Unit Size: 6,769 SF
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Condo Use: Medical
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Price: $2,675,000 USD
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Sale Type: Investment
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Price/SF: $395.18 USD
Description
1938 Charlie Hall Boulevard, Unit B, is a 6,769sf medical office condominium located adjacent to Glenn McConnell Parkway, which features approximately 20,800 vehicles per day. The space features a waiting and reception room, five (5) patient rooms, eight (8) private offices, two (2) break rooms, two (2) bathrooms, one (1) conference room, an expansive attic, two (2) private front-facing entrances, and twenty-seven (27) parking spaces. The parcel is zoned General Office (GO) in the City of Charleston.
Sale Notes
The Seller will execute a 10-year NNN lease based on a six and one-half percent (6.5%) capitalization rate at closing, providing a stable income investment in an established medical office district. Purchase of the property will also include a fifty-nine percent (59%) share of the Horizontal Property Regime.
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Shane Robertson
Palmetto Commercial Properties, LLC
