104 Montgomery Dr 6,275 SF Office Building Anderson, SC 29621 $2,129,986 CAD ($339.44 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
B
Year Built
1994
Price
$2,129,986 CAD
Price Per SF
$339.44 CAD
Cap Rate
7%
NOI
$149,099 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)
1 of 1
PROPERTY TAXES
| Parcel Number | 148-08-05-026 | Improvements Assessment | $40,901 CAD |
| Land Assessment | $14,755 CAD | Total Assessment | $55,656 CAD |
