410 University Pkwy Unit Ste 1200, Aiken, SC 29801

$595,000

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List Price
$595,000
MLS#
100596317
Status
ACTIVE
Year Built
1985
Acres
0.06
County
Aiken
Subdivision
Not In Subdivision

Property Description

Former medical office space under renovation and under a new 5-year lease available for an investor seeking strong returns with a high CAP rate of 8%. Full lease payment begins September 1, 2026. Tenant responsible for all property taxes, regime, and insurance costs. New tenant to use for medical education purposes once renovations are complete. Adjacent suite, 1300, is also under lease to same tenant and same lease terms. The building has an association and regime fee that covers most operating costs. Not included are condo insurance and interior janitorial. The association has modified the uses within the building to include other professional uses and some retail such as food service or some retail related to medical such as a pharmacy or eyewear. Lease shall be made available with acceptable offer.

Additional Information

Lot Features
Other
Heating
Electric, Forced Air, Zoned
Cooling
Central Air
Water
Public
Roof
Membrane, Flat
Basement
None
Foundation
Slab

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Calculator source: Real Geeks

Listing courtesy of Re/max Tattersall Group.