426 Memorial Drive Ext - Hospitals FOR SALE
Greer, SC 29651 |
$2,483,000 USD
407-557-3824
426 Memorial Drive Ext
Greer, SC 29651
HIGHLIGHTS
- • Strong Demographics Located within Greenville MSA ? Projected 6% Population Growth Over Next Five Years ? 288,000+ People within a Ten-Mile Radius f
- • Landlord Friendly Lease Structure ? Triple Net Lease Provides Ownership with Passive Investment
- • 40+ Year Historical Occupancy with Strong Number of Providers ? Four Physicians, One Nurse Practitioner
- • Recent Four-Year Lease Extension Showing Commitment to Site ? Extension Allowed Prisma Health to Expand Footprint in Building to 100%
- • Annual Rental Increases Provides Hedge Against Inflation ? 2% Annual Rental Increase Scheduled Through May 2026 ? 2.5 Annual Thereafter
- • Ideal Location 3.1 Miles from Prisma Health Greer Memorial Hospital ? 82 Acute Care Beds with 490 Team Members
FOR SALE DETAILS
PRICE
$2,483,000 USD
PRICE/SF
$242 USD /SF
CAP RATE
7.5%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Prisma Health | Recent Lease Extension
PROPERTY TYPE
Health Care
PROPERTY SUBTYPE
Hospitals
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
-
YEAR BUILT
1979
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.9 AC
LAND SF
39,204 SF
ZONING
-
APN/PARCEL ID
G019.00-01-003.01
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407-557-3824
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407-557-3824
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