307 N Main St - Medical FOR SALE


Simpsonville, SC 29681
$3,464,039 USD
843-343-1351
307 N Main St, Simpsonville, SC for Sale
$3,464,039 USD
Medical - FOR SALE
1/4
null | 6.85% Cap Rate

307 N Main St
Simpsonville, SC 29681


HIGHLIGHTS

  • Greenville MSA
  • 15-Year NN Lease with 5+ Years Remaining
  • Simpsonville 133% Population Growth

OVERVIEW

Oswald Cooke & Associates is pleased to present 307 N Main Street, Simpsonville, South Carolina, a medical office investment located in one of the Upstate’s fastest-growing submarkets. Situated on ±0.95 acres, the 7,749 square foot medical office building is fully leased to Children’s Medical Center. Constructed in 2016, the property is secured by a 15-year NN lease with a current term through March 2031, along with three (3) five-year renewal options. The property benefits from a highly desirable location along North Main Street, with excellent access to Interstate 385 and Interstate 85, connecting Simpsonville to the greater Greenville-Spartanburg MSA. It is also strategically positioned near the Prisma Health Hillcrest Hospital Campus,. Simpsonville has emerged as one of the most dynamic growth markets in South Carolina, experiencing rapid residential expansion, strong population growth, and increasing demand for medical and professional services. As a key suburb of Greenville, the city offers an attractive blend of accessibility, affluence, and business-friendly fundamentals.

FOR SALE DETAILS

PRICE

$3,464,039 USD

PRICE/SF

$447 USD /SF

CAP RATE

6.85%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Children's Medical Center

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

A

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

0.95 AC

LAND SF

41,382 SF

ZONING

R16

APN/PARCEL ID

0344.00-02-012.00

ASK ABOUT THIS PROPERTY

Benjy CookeOswald Cooke and AssociatesMore Info
843-343-1351

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Benjy CookeOswald Cooke and AssociatesMore Info
843-343-1351

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