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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



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
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)
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1540 American Dr
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