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307 N Main St
Simpsonville, SC 29681
Office Property For Sale
INVESTMENT HIGHLIGHTS
- Greenville MSA
- Simpsonville 133% Population Growth
- 15-Year NN Lease with 5+ Years Remaining
EXECUTIVE SUMMARY
Oswald Cooke & Associates is pleased to present 307 N Main Street, Simpsonville, South Carolina, a medical office investment located in one of the Upstate’s fastest-growing submarkets. Situated on ±0.95 acres, the 7,749 square foot medical office building is fully leased to Children’s Medical Center. Constructed in 2016, the property is secured by a 15-year NN lease with a current term through March 2031, along with three (3) five-year renewal options.
The property benefits from a highly desirable location along North Main Street, with excellent access to Interstate 385 and Interstate 85, connecting Simpsonville to the greater Greenville-Spartanburg MSA. It is also strategically positioned near the Prisma Health Hillcrest Hospital Campus,.
Simpsonville has emerged as one of the most dynamic growth markets in South Carolina, experiencing rapid residential expansion, strong population growth, and increasing demand for medical and professional services. As a key suburb of Greenville, the city offers an attractive blend of accessibility, affluence, and business-friendly fundamentals.
The property benefits from a highly desirable location along North Main Street, with excellent access to Interstate 385 and Interstate 85, connecting Simpsonville to the greater Greenville-Spartanburg MSA. It is also strategically positioned near the Prisma Health Hillcrest Hospital Campus,.
Simpsonville has emerged as one of the most dynamic growth markets in South Carolina, experiencing rapid residential expansion, strong population growth, and increasing demand for medical and professional services. As a key suburb of Greenville, the city offers an attractive blend of accessibility, affluence, and business-friendly fundamentals.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
7,749 SF
Building Class
A
Year Built
2016
Price
$4,814,979 CAD
Price Per SF
$621.37 CAD
Cap Rate
6.85%
NOI
$329,826 CAD
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
3,875 SF
Building FAR
0.19
Lot Size
0.95 AC
Zoning
R16
Parking
60 Spaces (7.69 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 0344.00-02-012.00 | Improvements Assessment | $0 CAD |
| Land Assessment | $699,014 CAD | Total Assessment | $699,014 CAD |
PROPERTY TAXES
Parcel Number
0344.00-02-012.00
Land Assessment
$699,014 CAD
Improvements Assessment
$0 CAD
Total Assessment
$699,014 CAD
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