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Carolina Pines Medical Office 301 N Van Lingle Mungo Blvd

6,750 SF Office Building Pageland, SC 29728 $2,931,850 CAD ($434 CAD/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
  • 3 minutes from CM Tucker Lumber | Largest employer in Pageland

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.

Attachments

Carolina Pines Medical OM - Pageland, SC

Property Facts

Sale Type
Investment
Sale Condition
Build to Suit
Property Type
Office
Property Subtype
Medical
Building Size
6,750 SF
Building Class
C
Year Built/Renovated
1998/2023
Price
$2,931,850 CAD
Price Per SF
$434 CAD
Cap Rate
7.25%
NOI
$212,559 CAD
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

Links

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PROPERTY TAXES

Parcel Number 031-003-005-003 Improvements Assessment $46,779 CAD
Land Assessment $17,223 CAD Total Assessment $64,002 CAD

PROPERTY TAXES

Parcel Number
031-003-005-003
Land Assessment
$17,223 CAD
Improvements Assessment
$46,779 CAD
Total Assessment
$64,002 CAD
(704) 379-1985

Contacts

  • Listing ID: 32358366

  • Date on Market: 2024-07-05

  • Last Updated:

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

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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

Jake Zapata

(210) 587-5388

(210) 587-5388

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