1040 Edgewater Corporate Pky, Indian Land, SC for Sale
Medical - FOR SALE
1/9
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1040 Edgewater Corporate Pky
Indian Land, SC 29707


HIGHLIGHTS

  • Less than 1-mile from the MUSC Hospital Campus development – a $300M project that will include a 150,000 SF surgical hospital and a 62,000 SF MOB.
  • Long-term WALT remaining on NNN Leases with 3% increases for existing tenants.
  • Nearby is the Red Ventures corporate headquarters – a ±630,000 SF campus with an estimated 4,500 on-site employees.
  • Positioned directly off U.S. Highway 521, which serves as the primary medical and commercial corridor in the area.
  • Lancaster County is the fastest-growing county in Charlotte MSA, with a projected 25% population increase over the next 15 years.

OVERVIEW

This investment opportunity features a ±18,000 SF medical office building, located less than 1-mile from the new hospital campus development for The Medical University of South Carolina (MUSC Health). That transformative health campus will include a 150,000 SF full-service hospital and an adjacent 62,000 SF medical pavilion. Directly off U.S. Highway 521, the primary medical and commercial corridor, the Palmetto Medical Center is ideally situated within an established and expanding healthcare hub serving one of the fastest-growing communities in South Carolina. The town of Indian Land, SC is an affluent and rapidly expanding suburb within the Charlotte MSA and is a part of Lancaster County – the fastest-growing county in the region, which has experienced double-digit population growth and is projected to expand an additional 25% over the next 15 years. This growth is being driven by large-scale master-planned communities, new corporate headquarters, and the arrival of major retailers and healthcare institutions — all of which continue to enhance long-term stability and investor confidence in this market.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Palmetto Medical Center

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

A

YEAR BUILT

2014

SPRINKLERS

-

PARKING SPACES

86

LAND DETAILS

LAND ACRES

1.95 AC

LAND SF

84,942 SF

ZONING

RB

APN/PARCEL ID

0008-00-027.06

ASK ABOUT THIS PROPERTY

Beau WilliamsEgenbacher Healthcare Properties, LLCMore Info

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