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Carolina Pines Medical Office 301 N Van Lingle Mungo Blvd

6,750 SF Office Building Pageland, SC 29728 $2,061,779 ($305/SF) 7.25% Cap Rate

Medical Offices South Carolina Pageland 301 N Van Lingle Mungo Blvd, Pageland, SC 29728

Investment Highlights

  • Corporate guaranteed lease | Carolina Pines Regional Medical Center | Servings multiple counties in Northeastern South Carolina
  • 0.25 miles from signalized corner intersection | Van Lingle Mungo Blvd & E Watford St | 23,100 VPD combined
  • Renovations completed in 2023 by the tenant | Updated flooring, exam rooms, new interior painting, and new tenant signage
  • Rare 3% annual rent increases
  • Across the street from Tractor Supply Co | 72nd percentile Nationwide per Placer.ai
  • Large parcel | 2.06 acres

Executive Summary

Ransome Foose and Carl Brendes of Berkeley Capital Advisors are pleased to present for sale Carolina Pines Medical Office in Pageland, SC. We welcome your review of this attractive investment.

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
6,750 SF
Building Class
B
Year Built/Renovated
1998/2023
Price
$2,061,779
Price Per SF
$305
Cap Rate
7.25%
NOI
$149,479
Tenancy
Single
Building Height
1 Story
Typical Floor Size
6,750 SF
Building FAR
0.08
Lot Size
2.06 AC
Zoning
Commercial
Parking
42 Spaces (6.22 Spaces per 1,000 SF Leased)

Amenities

  • Air Conditioning

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Hartsville Medical Group
  • Health Care and Social Assistance
  • 6,750 SF
  • -
  • Double Net
  • Dec 2028
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Hartsville Medical Group Health Care and Social Assistance 6,750 SF - Double Net Dec 2028

Links

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PROPERTY TAXES

Parcel Number 031-003-005-003 Improvements Assessment $33,380
Land Assessment $12,290 Total Assessment $45,670

PROPERTY TAXES

Parcel Number
031-003-005-003
Land Assessment
$12,290
Improvements Assessment
$33,380
Total Assessment
$45,670
(704) 379-1985

Contacts

  • Listing ID: 34465671

  • Date on Market: 1/13/2025

  • Last Updated:

  • Address: 301 N Van Lingle Mungo Blvd, Pageland, SC 29728

More public record information on 301 N Van Lingle Mungo Blvd, Pageland, SC 29728

The Office Property at 301 N Van Lingle Mungo Blvd, Pageland, SC 29728 is currently available for sale. Contact Berkeley Capital Advisors for more information.

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Carolina Pines Medical Office | 301 N Van Lingle Mungo Blvd
(704) 379-1985 x

Carolina Pines Medical Office | 301 N Van Lingle Mungo Blvd

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Ransome Foose

(704) 379-1985

(704) 379-1985

Carl Brendes

(704) 714-2363

(704) 714-2363

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