2039 Savannah Highway, Charleston, SC
Health Care for Sale - $1,895,000 - 5,677 Sq. Ft.
Agent Info
| Steve Radekopf Radekopf And Associates |
Property Info
| CIMLS# | 1190213 |
| Location 2039 Savannah Highway Charleston SC 29407 | |
| Updated | April 16th, 2026 |
| Type | Health Care |
| Price | $1,895,000 |
| Building | 5,677 Sq. Ft. |
Property Description
Sperry - Radekopf & Associates is pleased to present the sale of 2039 Savannah Highway, a 5,677 SF single-tenant NNN medical office investment located in West Ashley, Charleston, SC. The property is 100% leased to Urgent Primary Care, LLC under a long-term Absolute NNN lease.
Current annual NOI is $122,015 (2026) with fixed 3% annual rent escalations growing income to $154,565 by lease expiry in December 2034. Tenant pays all RE taxes, insurance & CAM. Landlord responsible only for roof, foundation, and structural outer walls.
Lease commenced 1/1/2020 with ~8.7 years remaining. One renewal option with 90 days written notice. Tenant invested $55K in TI at inception with personal guarantee. Prime location on Savannah Highway (US-17), a major commercial corridor in the Charleston MSA.
Financials
Asking Price: $1,895,000
Cap Rate: 6.44%
Current NOI: $122,015 (2026)
Pro Forma NOI: $154,565 (2034)
Pro Forma Cap Rate: 8.16%
Price/SF: $333.80
Lease Type: Absolute NNN
Rent Escalations: 3% Annual Fixed
Lease Term: 1/1/2020 - 12/31/2034
Remaining Term: ~8.7 Years
Occupancy: 100%