1544 Fording Island Rd - Medical FOR SALE


Hilton Head Island, SC 29926
$1,450,000 USD
843-540-5240
1544 Fording Island Rd, Hilton Head Island, SC for Sale
$1,450,000 USD
Medical - FOR SALE
1/51
null | 7.06% Cap Rate

1544 Fording Island Rd
Hilton Head Island, SC 29926


HIGHLIGHTS

  • Prime commercial location at the gateway to Hilton Head Island with exceptional daily visibility from commuters and visitors.
  • Secure income stream with a nationally recognized law firm in place and four years remaining on the lease.
  • Professionally maintained office and medical buildout offering turnkey stability for long term ownership.
  • Located in a high traffic corridor with excellent regional access and strong Lowcountry economic growth trends. [attachment (53) | PDF]
  • Strong investment fundamentals supported by a 7.06% percent cap rate and scheduled annual rent increases of 3 percent.

OVERVIEW

Prime Investment Opportunity – Leased Commercial Property at the Gateway to Hilton Head Island. This premier commercial property offers unbeatable exposure in one of the most strategic and high-traffic locations in the Lowcountry. Currently leased to a nationally recognized law firm, this is a rare turnkey investment opportunity with immediate income and long-term potential. Secure lease in place with a National Law Firm – 4 years remaining. High visibility and traffic counts from daily commuters and island visitors. Well-maintained structure with professional office buildout. Current Cap Rate 7.06% with yearly lease increase of 3%.

FOR SALE DETAILS

PRICE

$1,450,000 USD

PRICE/SF

$340 USD /SF

CAP RATE

7.06%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Stand Alone Office Building Fronting Hwy 278

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.98 AC

LAND SF

42,689 SF

ZONING

6616

APN/PARCEL ID

R600-041-000-0001-0000

ASK ABOUT THIS PROPERTY

Craig ClevelandCharter One Realty (063D)More Info
843-540-5240

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Craig ClevelandCharter One Realty (063D)More Info
843-540-5240

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.