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1540 American Dr 6,264 SF Office Building Florence, SC 29505 $1,251,387 CAD ($199.77 CAD/SF) 7.75% Cap Rate

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EXECUTIVE SUMMARY

Sands Investment Group is Pleased to Exclusively Offer For Sale the 2,666 SF McLeod Physician Associates Located at 1540 American Drive in Florence, SC. This Deal Includes a Triple Net (NNN) Lease - Landlord Has Limited Responsibilities. The Tenant Has Demonstrated Their Long-Term Commitment to the Site By Recently Extending Their Lease For an
Additional 5 Years, Providing For a Secure Investment.
In Cooperation With Sands Investment Group Charleston, LLC - Lic. #20891 BoR: Chris Sands - Lic. SC #93103

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
6,264 SF
Building Class
C
Year Built
2004
Price
$1,251,387 CAD
Price Per SF
$199.77 CAD
Cap Rate
7.75%
NOI
$96,982 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,666 SF
Building FAR
0.24
Lot Size
0.59 AC
Zoning
B3 - Office Medical
Parking
30 Spaces (11.25 Spaces per 1,000 SF Leased)
  • Listing ID: 38611425

  • Date on Market: 2025-12-01

  • Last Updated:

  • Address: 1540 American Dr, Florence, SC 29505

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