Single Tenant NNN Investment Opportunity | 10110 Clemson Blvd
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Single Tenant NNN Investment Opportunity 10110 Clemson Blvd
6,227 SF Retail Building Seneca, SC 29678 $2,283,233 ($367/SF) 6% Cap Rate
Investment Highlights
- Tenant: Mountain Lakes Family Medicine (Prisma Health)
- Lease Type: NNN
- Rent Bumps: 2.5% annually starting on year 6
- Lease Term: August 2022 - 2032 (10-year renewal)
- Current Rent: $136,994 (for first 5 years of renewal)
- Extension Options: (2) 10-year options with the same rent structure as above
Executive Summary
10110 CLEMSON BLVD. Seneca, SC 29672
Single Tenant NNN Investment Opportunity
• Tenant: Mountain Lakes Family Medicine (Prisma Health)
Building Size: ±6,227 SF
• Lot Size: ±2.2 AC
• Tax Map No: #520-14-03-001 (Oconee
County)
• Property Type: Single Tenant Medical
Office Building
• Occupancy: 100%
Single Tenant NNN Investment Opportunity
• Tenant: Mountain Lakes Family Medicine (Prisma Health)
Building Size: ±6,227 SF
• Lot Size: ±2.2 AC
• Tax Map No: #520-14-03-001 (Oconee
County)
• Property Type: Single Tenant Medical
Office Building
• Occupancy: 100%
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
6,227 SF
Building Class
B
Year Built
2003
Price
$2,283,233
Price Per SF
$367
Cap Rate
6%
NOI
$136,994
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Land Acres
2.20 AC
Zoning
Highway Commercial - Commercial
Parking
60 Spaces (9.64 Spaces per 1,000 SF Leased)
Frontage
124 FT on Clemson Blvd
PROPERTY TAXES
Parcel Number | 520-14-03-001 | Improvements Assessment | $25,443 |
Land Assessment | $6,674 | Total Assessment | $32,117 |
PROPERTY TAXES
Parcel Number
520-14-03-001
Land Assessment
$6,674
Improvements Assessment
$25,443
Total Assessment
$32,117
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Single Tenant NNN Investment Opportunity | 10110 Clemson Blvd
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