Sale Information

Asking Price: $2,150,000

Building Size: 9,898 SQ FT

Lot Size: 86249

Cost per Square Foot: $217.22

Cap Rate: 7.42%

NOI: $159,458.00

Property Overview

Great investment opportunity in Bluffton's central business district. This newer, multi-tenant office / retail property is anchored by Regions Bank and is 100% leased to solid credit tenants. The lease expiration dates are staggered providing a stable investment. The property is situated on a 1.98 corner lot and has approximately 255 feet of frontage on the Bluffton Parkway. Tenant's leased spaces range from 1,650 - 3,500 sf. There are approximately 60 parking spaces and the bank has a canopy with four drive thru lanes. There are also two dedicated monument signs for this property.

Built: 2005

Occupancy: 100%

Property Details

Key Points: 100% Leased to Credit Tenants Offered at 7.4% Cap Rate Newer Attractive Office / Retail Building 1.98 acre Corner Lot with no Median - Full Access from all Directions Great Visibility High Growth Area with Limited Supply of Quality Buildings

Broker Information

Vonnie Majewski, CCIM

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