615 Saint James Ave - Medical FOR SALE


Goose Creek, SC 29445
$3,060,000 USD
980-498-3293
615 Saint James Ave, Goose Creek, SC for Sale
$3,060,000 USD
Medical - FOR SALE
1/3
null | 6.5% Cap Rate

615 Saint James Ave
Goose Creek, SC 29445


HIGHLIGHTS

  • NATION’S LARGEST DENTAL SUPPORT ORGANIZATION
  • INDUSTRY-LEADING SCALE & MARKET POSITION
  • CHARLESTON MSA - TOP-10 FASTEST-GROWING METRO IN THE U.S.
  • ACTIVE COMMERCIAL GROWTH CORRIDOR
  • ANNUAL RENT BUMPS
  • PURPOSE-BUILT DENTAL FACILITY

OVERVIEW

Atlantic Capital Partners has been exclusively engaged to offer for sale Heartland Dental, a 4,135-square-foot net-leased medical asset located at 615 St. James Avenue in Goose Creek, South Carolina. The property is leased to Heartland Dental, LLC, the nation’s largest dental support organization, under a corporate guaranteed NN lease with approximately 6.2 years of remaining primary term. The lease features attractive 1.75% annual rental increases, providing investors with contractual income growth and long-term cash flow visibility. Constructed in 2016 as a purpose-built dental facility, the property occupies a highly visible position along St. James Avenue (US-176), one of Goose Creek’s primary commercial corridors. The asset benefits from strong surrounding retail fundamentals, including nearby Walmart Supercenter, Dollar Tree, McDonald’s, Arby’s, and numerous national retailers that drive consistent consumer traffic to the corridor. Located approximately 20 miles northwest of Downtown Charleston, Goose Creek is among the fastest-growing communities within the Charleston-North Charleston MSA and serves as a major residential and service hub for Berkeley County. Supported by continued population growth, residential development, and a diverse employment base, Heartland Dental offers investors the opportunity to acquire a well-located healthcare asset leased to an industry-leading operator in one of South Carolina’s strongest suburban growth markets.

FOR SALE DETAILS

PRICE

$3,060,000 USD

PRICE/SF

$776 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Heartland Dental - Goose Creek, SC

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

GC

APN/PARCEL ID

234-00-00-159

ASK ABOUT THIS PROPERTY

David HoppeAtlantic Capital PartnersMore Info
980-498-3293

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David HoppeAtlantic Capital PartnersMore Info
980-498-3293

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