This 3,700 sf freestanding medical office building was built to suit for Doctors Care in 2007. They have occupied the building ever since and have over 15 years + options remaining on their NNN lease. This site has great visibility from Folly Road with the closest traffic count being 43,800 (2018). This is the only urgent care facility south of the James Island connector, making it the most accessible urgent care for the majority of James Island, and the entirety of Folly Beach. All 68 Doctors Cares in South Carolina are owned by BlueCross BlueShield of SC who received their companies 18th straight A+ business risk rating this year. BlueCross BlueShield of SC is one of South Carolina's largest employers with over 11,000 employees. They are recognized as the "tenant" on the lease. Current NOI is $120,547 with a 7.5% increase on January 1st, 2022. This is a great opportunity to secure a long-term leased asset in a great location with a high credit tenant
Based on the average sale price from the Mount Pleasant, SC office
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Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
743 Folly Road Charleston, SC is a Single Family Home for sale at $2060633 and a lot size of Acre(s). 743 Folly Road Charleston has 0 bedrooms, 0 baths . The property's zip code is 29412 which is in Charleston, SC
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.