615 Saint James Avenue Healthcare
  • Asking Price
    $3MAsking Price
  • Cap Rate
    6.75%Cap Rate
  • Price/SF
    $724.79Price/SF
  • NOI
    $202KNOI
  • Building SF
    4,135 SFBuilding SF
  • Built
    2016Built

Description

Heartland Dental – 615 St. James Avenue is a medical office property for sale at 615 Saint James Avenue in Goose Creek, SC 29445. The 4,135 SF building gives a healthcare buyer a defined asset on 1 acre.

Built in 2016, the building offers a scale suited to an operator seeking a standalone medical office property rather than space within a larger complex. The 1-acre site is part of the purchase and gives a buyer control of the land along with the building. The reported occupancy is 0%, so an owner-user can focus on the building as an operating location, while an investor can frame the acquisition around its future occupancy. The sale pairs a single building with its site, keeping the real estate decision focused on this property rather than a portfolio.

The asking price is $2,998,000, or $724.79 PSF, with an asking land price of $2,998,000 per acre. The reported cap rate is 6.75%, and NOI is $202,384; those figures are also identified as in-place metrics. A 6.1 years WALT is reported alongside 0% occupancy, making the relationship between the lease metrics and current occupancy important to the buyer’s investment view. For an investor, the pricing and income figures establish the transaction’s financial basis. For an owner-user, the appeal is direct control of a 4,135 SF medical office building and its 1-acre site in Goose Creek.

Offering Summary

  • Asking Price
    $2,998,000
  • Price PSF
    $724.79
  • Price/Acre
    $2,998,000
  • Property Type
    Healthcare
  • Size
    4,135 SF
  • Occupancy
    0%
  • Properties
    1
  • Built
    2016
  • Total Acres
    ~1 ac

Sale Details

  • Walt
    6.10 Years
  • Cap Rate
    6.75%
  • NOI
    $202,384
  • In-Place Cap Rate
    6.75%
  • In-Place NOI
    $202,384
  • In-Place Rents
    202,384

Documents

Property Address

615 Saint James Avenue
Goose Creek, SC 29445

Property Details

  • Square Feet
    4,135 SF
  • Property Type
    Healthcare
  • Building SF
    4,135 SF
  • Occupancy
    0%
  • Year Built
    2016
  • Acres
    1

Deal Team

Chris Wiener profile image

Chris Wiener

Marketing and Transactions Manager
Atlantic Retail