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CareNow 8445 Dorchester Rd 4,553 SF Retail Building North Charleston, SC 29420 $4,220,539 CAD ($926.98 CAD/SF) 6.50% Cap Rate
Investment Highlights
- 10-Year NN Lease
- Corporate Guaranty
- CareNow Urgent Care Center
Executive Summary
Oswald Cooke & Associates is pleased to offer a single-tenant medical office facility for sale in the Charleston, SC MSA, leased to CareNow Urgent Care, an affiliate of Galen Holding Company. The 4,553 SF building was built in 2018. The 10-Year NN lease commenced in the summer of 2018, which calls for limited landlord responsibilities. The lease has (2) 5-Year renewal options with the same terms and escalations. The property is located just off the Dorchester Road and Ashley Phosphate Road Interchange and is surrounded by retail and residential communities. Other national retailers in the area include Chick-Fil-A, Zaxby’s Popeyes, McDonalds, Publix, Walgreens, Hardee’s, Dollar Tree, Dunkin Donuts, and many others.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
4,553 SF
Building Class
B
Year Built
2020
Price
$4,220,539 CAD
Price Per SF
$926.98 CAD
Cap Rate
6.50%
NOI
$274,335 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.87 AC
Zoning
B-2_NC
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Health Care and Social Assistance
- -
- -
- -
CareNow Urgent Care began operations in 1993 as part of HCA Healthcare's family of urgent care clinics. The company offers treatment for illnesses and injuries, occupational health services, and virtual visits. With numerous locations nationwide, they provide accessible healthcare alternatives to emergency rooms through extended hours and walk-in appointments. Their clinics maintain accreditation from the Urgent Care Association for quality standards. CareNow continues expanding its services while emphasizing convenience and comprehensive urgent care.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Health Care and Social Assistance | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 181-00-00-095 | Improvements Assessment | $122,903 CAD |
| Land Assessment | $125,823 CAD | Total Assessment | $248,727 CAD |
Property Taxes
Parcel Number
181-00-00-095
Land Assessment
$125,823 CAD
Improvements Assessment
$122,903 CAD
Total Assessment
$248,727 CAD
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CareNow | 8445 Dorchester Rd
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