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245 Herlong Ave S
Rock Hill, SC 29732
Truist Bank Ground lease · Office Property For Sale
Investment Highlights
- Ground lease for a free-standing Truist Bank branch with over five years remaining and renewal options.
- The building comprises approximately 3,058 square feet, designed specifically as a bank facility.
- Fully leased, presenting a stable income opportunity for investors with long-term tenancy in place.
- Sits on a 1.10-acre corner site directly across from Piedmont Medical Center, ensuring strong visibility and consistent traffic.
- Convenient location within Rock Hill's medical and office corridor, offering easy access to regional amenities and highways.
- Adjacent property at 1665 Herlong Court is also available, allowing for potential portfolio or expanded site acquisition.
Executive Summary
Ground Lease for free standing bank branch
5+ years remaining with options to renew
Building is approx. 3,058 SF
1,.10 Acre site on corner across from Piedmont Medical Center
Existing land lease through March 2031
Annual increases of 3.25%
2-5 year renewal options
5+ years remaining with options to renew
Building is approx. 3,058 SF
1,.10 Acre site on corner across from Piedmont Medical Center
Existing land lease through March 2031
Annual increases of 3.25%
2-5 year renewal options
Property Facts Under Contract
Sale Type
Investment or Owner User
Property Type
Building Size
3,058 SF
Building Class
C
Year Built
1992
Price
$1,964,843 CAD
Price Per SF
$642.53 CAD
Percent Leased
100%
Building Height
2 Stories
Typical Floor Size
1,529 SF
Building FAR
0.04
Lot Size
1.85 AC
Zoning
OI - Office and institutional
Property Taxes
| Parcel Number | 5931001001 | Improvements Assessment | $225,741 CAD |
| Land Assessment | $31,054 CAD | Total Assessment | $256,795 CAD |
Property Taxes
Parcel Number
5931001001
Land Assessment
$31,054 CAD
Improvements Assessment
$225,741 CAD
Total Assessment
$256,795 CAD
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