SVN is pleased to present the premier office building on Hilton Head Island for sale. This class A income producing property is currently 100% leased, with a 2016 year end NOI of $157,206. The three story building has 15,998 square feet and is situated in a park like setting on 1.82 acres and was built in 1985 and completely renovated in 2007. The common areas are nicely appointed with high end finishes.

The property includes considerable surface parking in addition to the rare, large covered parking area, with direct access into the building. There is also a monument sign at the entrance to the property.

There is a solid tenant mix of quality professions including attorneys, investment firms, an insurance advisory company, the Hilton Head Symphony Orchestra, and a dentist. The office spaces are functionally designed and there is upside potential in rents.

Location Description:

Located at the corner of Park Lane and Highway 278 (William Hilton Parkway) on the bustling south end of Hilton Head Island with traffic counts in excess of 36,000 VPD. Surrounded by commercial and residential developments with numerous hotels in the immediate vicinity and walking distance to a plethora of shopping, banking and dining options. Centrally located between the Shelter Cove Town Center and the Sea Pines traffic circle.

There are over 32,480 residents within a five mile radius, with average household incomes of approximately $115,000. This location provides easy access throughout the island via the business route as well as via the Cross Island Parkway making it an easy commute for Bluffton residents.

Highlights:

>> Premier Office Building on Hilton Head Island

>> Currently 100% Leased

>> Quality Long Term Tenants

>> Nicely Upgraded Common Areas

>> Covered Parking

>> Upside Potential

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** This property also has spaces available for lease.