This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

LFB Plasma | NNN Lsed | 8+ Yrs Remaining 1933 Second Loop Road loop

17,174 SF Office Building Florence, SC 29501 $4,092,000 ($238/SF) 7% Cap Rate

Investment Highlights

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

Executive Summary

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.

Property Facts

Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
17,174 SF
Building Class
B
Year Built/Renovated
1970/2017
Price
$4,092,000
Price Per SF
$238
Cap Rate
7%
NOI
$286,440
Tenancy
Single
Building Height
1 Story
Typical Floor Size
17,174 SF
Building FAR
0.12
Land Acres
3.28 AC
Zoning
AC - Activity Center
Parking
175 Spaces (10.19 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Signage
  • Storage Space
  • Reception
  • Air Conditioning
  • Listing ID: 33567725

  • Date on Market: 10/18/2024

  • Last Updated:

  • Address: 1933 Second Loop Road loop, Florence, SC 29501

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}