Description
Great investment opportunity. Office space located in the heart of a busy office park, nearby the SMC Mary Black Regional Hospital, Spartanburg Day School, Drayton Mills Elementary and a new residential subdivision Dillon Village.? Perfect for medical office, professional office, traditional office and more. Up and coming market with Predicted Population Growth 2022-2027 11.24% Household Growth 11.42%.? The property was renovated in 2021, additional updates are currently added by the tenant. After completing the updates it will produce NOI $70k in 2023-2024 and NOI $82k in 2025-2026 with a potential to increase afterwards.
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0BEDS
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1.37ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Offered by Keller Williams Connected: 803-835-2300. Copyright 2023 Canopy MLS. All rights reserved.Description
Great investment opportunity. Office space located in the heart of a busy office park, nearby the SMC Mary Black Regional Hospital, Spartanburg Day School, Drayton Mills Elementary and a new residential subdivision Dillon Village.? Perfect for medical office, professional office, traditional office and more. Up and coming market with Predicted Population Growth 2022-2027 11.24% Household Growth 11.42%.? The property was renovated in 2021, additional updates are currently added by the tenant. After completing the updates it will produce NOI $70k in 2023-2024 and NOI $82k in 2025-2026 with a potential to increase afterwards.
Based on information submitted to the MLS GRID as of 2023-05-27T23:33:17.41 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither The Kim Hamrick Team | Allen Tate Realtors nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2023 Canopy MLS.
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