This is a fully leased 4,464-square-foot, single-story medical office building within the well-established Essex Medical Office complex. The building has 2 spaces: Dr. Kristin Saville, D.D.S. occupies 2,314 square feet, and Dr. Timothy Gregory occupies 2,150 square foot space. Dr. Saville is an established and respected dentist and Dr. Gregory is a wound care specialist. This is an excellent opportunity to own a stable, two-tenant income-producing property. The building is among a group of other medical specialists within the office park and has street-front and directional signage for each of the buildings for easy patient/client access. The Essex Medical Office complex is just across the Glenn McConnell Parkway from the Bon Secours St. Francis Hospital and is among a variety of respected medical facilities serving the Charleston community.NOI for the building is $112,200 per year and the capitalization rate is 7%.Contact Listing Brokers for lease and tenant information.
Listing Date: 01-30-2023
Sold Date: 10-24-2023
Aprox Days on Market: 
8 month(s), 23 day(s)
Listing Sold: 
6 month(s), 2 day(s) ago
Asking Price: $1,600,000
Selling Price: $1,600,000
Price Difference:
Same as list price
Anchored: No
Year Built: 2002
County: Charleston
Land Size: 0.00
Class of Space: Class B
Title: Essex Medical Park
Second Property Subtype: Office
Zoning: City of Charleston - GO - Gen
Nearest Msa: Charleston-North Charleston, SC
Sale Terms: Cash, Owner Will Carry
Property Type: A
Original Price: $1,600,000
Property Use Type: Investment, Medical/Dental
Class Type: Office
Sold Date: 2023-10-24T00:00:00
Rentable Area: 4464
Unit: Building 1
Courtesy of listing office Avison Young - South Carolina Inc