410 University Pky - Medical CONDO FOR SALE


Aiken, SC 29801- Downtown Aiken
$2,080,000 USD
706-214-2927
410 University Pky, Aiken, SC for Sale
$2,080,000 USD
Medical CONDO - FOR SALE
1/47
null | 7.5% Cap Rate

410 University Pky
Aiken, SC 29801
Downtown Aiken


HIGHLIGHTS

  • Brand New Lease: 5 -Year Lease Term
  • Investment Grade Tenant: BBB (Fitch) Credit Rating
  • Triple Net Lease: No Landlord Expenses
  • Great Condition: Class A Medical Office
  • Adjacent to Hospital: Tenant's Own Hospital
  • One (1), Three (5) Year: Renewal Options

OVERVIEW

Sales Description: The Finem Group at Meybohm Commercial is pleased to exclusively present the investment offering for 410 University Parkway, a fully leased medical office building located in the heart of Aiken, South Carolina’s medical corridor. The ±7,800 SF facility is occupied by Aiken Regional Medical Centers, LLC—the region’s leading acute care hospital—and a wholly owned subsidiary of Universal Health Services, Inc. (NYSE: UHS), one of the nation’s largest and most financially stable healthcare providers. This lease benefits from the direct credit support of a nationally recognized hospital operator. UHS carries investment-grade credit ratings on its senior secured debt (S&P: BBB-, Fitch: BBB) and generated over $14 billion in revenue in 2023. The lease is further secured by a corporate-backed guaranty from Aiken Regional Medical Centers, ensuring a strong and reliable cash flow. Formerly home to Aiken OB-GYN, the facility comprises three contiguous condominium units and has been purpose-built to support a variety of clinical and outpatient medical uses. The new NNN lease commences June 2025 and runs through August 2030, with one renewal option including 3% annual escalations. The lease is structured with zero landlord responsibilities, providing passive, predictable income backed by a hospital covenant with corporate healthcare credit. Strategically positioned just 0.2 miles from Aiken Regional Medical Center and 19 miles from the Augusta metro, the property offers seamless access to key healthcare networks including Wellstar, Doctors Hospital, Prisma, and Piedmont. Located within Aiken's most concentrated medical trade area, this investment offers long-term income security, institutional credit tenancy, and market resilience in one of the CSRA’s fastest-growing sectors. Location Description: Strategically located within Aiken's medical district, 410 University Parkway is positioned just 0.2 miles from Aiken Regional Medical Center and 19 miles from Augusta, GA. Nearby major healthcare networks include Wellstar, Doctors Hospital, Piedmont, and Prisma. The site offers easy access to the broader CSRA, supported by robust regional demographics and ongoing growth in healthcare demand.

FOR SALE DETAILS

PRICE

$2,080,000 USD

PRICE/SF

$267 USD /SF

CAP RATE

7.5%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Single Tenant NNN | Aiken Medical | Investmen

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

85,814 SF

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

380

LAND DETAILS

LAND ACRES

5.65 AC

LAND SF

246,114 SF

ZONING

O

APN/PARCEL ID

087-15-02-006,087-15-02-007,087-15-02-020,087-15-02-022

ASK ABOUT THIS PROPERTY

Jonathan AcevesMeybohm Commercial PropertiesMore Info
706-214-2927

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Jonathan AcevesMeybohm Commercial PropertiesMore Info
706-214-2927

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