3115 Brushy Creek Rd - Medical FOR SALE


Greer, SC 29650
$2,209,415 USD
864-315-3734
3115 Brushy Creek Rd, Greer, SC for Sale
$2,209,415 USD
Medical - FOR SALE
1/2
null | 6.5% Cap Rate

3115 Brushy Creek Rd
Greer, SC 29650


HIGHLIGHTS

  • 10-year leaseback from Johnston Orthodontics
  • Located in affluent Greer submarket near GSP
  • Zoned CG with long-term redevelopment flexibility
  • Proven tenant with 20+ years of market presence

OVERVIEW

Sperry-Griffin Partners is proud to present this prime commercial investment opportunity located at 3115 Brushy Creek Rd, Blg E, Greer, SC. This impressive 6,244 SF building, constructed in 2004, presents an enticing prospect for Office/Medical investors. Zoned Commercial General (CG) by the City of Greer, this property promises versatility and potential. Situated in the vibrant GSP area and boasting full occupancy, this property ensures immediate returns and future growth. With 100% occupancy, this property offers a secure investment in a desirable location, making it a compelling choice for investors seeking a strong ROI in the thriving commercial real estate market. The tenant, Johnston Orthodontics, has been the owner/occupant since 2004. Lease Structure: Johnston Orthodontics will leaseback the building on an initial 10-year term. The lease structure is absolute net with the tenant paying all NNN expenses. Year 1 base rent is $23 per square foot with 2% annual base increases in years 2, 4, 6, 8, and 10.

FOR SALE DETAILS

PRICE

$2,209,415 USD

PRICE/SF

$354 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Building E

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,197 SF

ZONING

C2

APN/PARCEL ID

T035.00-01-007.09

ASK ABOUT THIS PROPERTY

Mark GriffinSperry-Griffin PartnersMore Info
864-315-3734

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Mark GriffinSperry-Griffin PartnersMore Info
864-315-3734

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