Property Listing No Longer Available for Sale

900 Bowman Road, Mount Pleasant, SC

Office for Sale - $960,400


Property Info

CIMLS#879937
Location
  900 Bowman Road
  Mount Pleasant SC 29464
UpdatedJune 19th, 2016
TypeOffice
Price$960,400

Property Description

Great investment opportunity that yields a 8.5% CAP Rate. Class A Medical office complex suites 103 and 106. Medical profession is in a 2nd year of a 5 yr lease with possible options to renew. Tenant pays NNN which includes all utilities, taxes, insurance, some repairs, office, and regime fee. Office has been recently redecorated and is in a prime location close to the other surrounding medical facilities. The lease has a 2% annual improvement to the base rent. This is a 2 suite investment that can be bought as 1 or two. The price is for both suites. This is a great investment, it will not last.


DIRECTIONS: Take Johnnie Dodds Blvd. from Interstate 526, turn right at Bowman Road then turn right at the 1st light and turn left at 1st driveway in front of the Old Cooper Hospital, go to the very end and property is in front of you at 900 Bowman Road.


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