104 Montgomery Dr
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104 Montgomery Dr
6,275 SF Office Building Anderson, SC 29621 $2,181,292 CAD ($348 CAD/SF) 7% Cap Rate
Executive Summary
Class A Medical Office Investment — 7% Cap Rate!
2% Annual Rent Increases!
Lease expires 12/13/27 with two 5 year options!
Long time oral surgery practice recently acquired by private equity!
Strategically located in medical office park approximately 1.5 miles from hospital!
Minimal Landlord responsibilities!
2% Annual Rent Increases!
Lease expires 12/13/27 with two 5 year options!
Long time oral surgery practice recently acquired by private equity!
Strategically located in medical office park approximately 1.5 miles from hospital!
Minimal Landlord responsibilities!
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
6,275 SF
Building Class
A
Year Built
1994
Price
$2,181,292 CAD
Price Per SF
$348 CAD
Cap Rate
7%
NOI
$152,690 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
6,275 SF
Building FAR
0.14
Lot Size
1.02 AC
Zoning
Commercial
Parking
35 Spaces (5.57 Spaces per 1,000 SF Leased)
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PROPERTY TAXES
| Parcel Number | 148-08-05-026 | Improvements Assessment | $41,885 CAD |
| Land Assessment | $15,110 CAD | Total Assessment | $56,994 CAD |
PROPERTY TAXES
Parcel Number
148-08-05-026
Land Assessment
$15,110 CAD
Improvements Assessment
$41,885 CAD
Total Assessment
$56,994 CAD
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104 Montgomery Dr
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