1933 Second Loop Road loop - Medical FOR SALE


Florence, SC 29501
$4,092,000 USD
470-344-2586
1933 Second Loop Road loop, Florence, SC for Sale
$4,092,000 USD
Medical - FOR SALE
1/9
null | 7% Cap Rate

1933 Second Loop Road loop
Florence, SC 29501


HIGHLIGHTS

  • 8+ Years Remaining | Scheduled Rental Increases | Corporate Signed Lease | Well-Known & Established Brand
  • NNN Leased | Fee Simple Ownership | Limited Landlord Responsibilities
  • Direct Residential Consumer Base | Strong Demographics in 5-Mile Trade Area
  • Dense Retail Trade Area | Major Surrounding Shopping Centers | Strong Tenant Presence | Regency Hospital - Florence
  • Located Along 2nd Loop Road | Centralized Location | Excellent Visibility & Access

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN leased, corporate signed, LFB Plasma investment property located in Florence, SC. The tenant LFB American Plasma, LLC (dba LFB Plasma) has 8+ years of term remaining with an additional 4 (5-year) option periods left to extend. The lease features a 10% increase in year 11 and at the beginning of each option period, growing NOI and hedging against inflation. The lease is signed by the corporate entity and is NNN with limited landlord responsibilities, making this an ideal, low-management investment opportunity for a passive investor.

FOR SALE DETAILS

PRICE

$4,092,000 USD

PRICE/SF

$238 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

LFB Plasma | NNN Lsed | 8+ Yrs Remaining

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Freestanding, Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

175

LAND DETAILS

LAND ACRES

3.28 AC

LAND SF

142,877 SF

ZONING

AC

APN/PARCEL ID

90029-01-014

ASK ABOUT THIS PROPERTY

Michael BerkSRS Real Estate PartnersMore Info
470-344-2586

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

Michael BerkSRS Real Estate PartnersMore Info
470-344-2586

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