426 Memorial Drive Ext - Office FOR SALE
Greer, SC 29651 |
426 Memorial Drive Ext
Greer, SC 29651
HIGHLIGHTS
- Strong Demographics Located within Greenville MSA ? Projected 6% Population Growth Over Next Five Years ? 288,000+ People within a Ten-Mile Radius f
- Landlord Friendly Lease Structure ? Triple Net Lease Provides Ownership with Passive Investment
- 40+ Year Historical Occupancy with Strong Number of Providers ? Four Physicians, One Nurse Practitioner
- Recent Four-Year Lease Extension Showing Commitment to Site ? Extension Allowed Prisma Health to Expand Footprint in Building to 100%
- Annual Rental Increases Provides Hedge Against Inflation ? 2% Annual Rental Increase Scheduled Through May 2026 ? 2.5 Annual Thereafter
- Ideal Location 3.1 Miles from Prisma Health Greer Memorial Hospital ? 82 Acute Care Beds with 490 Team Members
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Prisma Health | Recent Lease Extension
PROPERTY TYPE
Office
TOTAL BUILDING SIZE
10251
STORIES
1
BUILDING CLASS
B
YEAR BUILT
1979
SPRINKLERS
-
PARKING SPACES
50
LAND DETAILS
LAND ACRES
0.9 AC AC
LAND SF
39,204 SF
ZONING
-
APN/PARCEL ID
G019.00-01-003.01
