Address
743 Folly Road Charleston, SC
Price
$ 2,060,633
Property Attributes
  • MLS#30631679
  • TypeCommercial
  • CountyCHARLESTON
  • CityCharleston
  • AreaJames Island
  • Zip29412
  • Style
  • Price$ 2,060,633
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
Avison Young - South Carolina Inc
Data Source:
Charleston Trident
Property Description

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

Price History
7/17/2020 Listed $2,060,633

General Features

Property Sub Type Medical
Property Type Office
Submarket 21 - James Island
Zoning GB

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 29412

Price
AVG $1.23M
$2.06M
Visits
AVG 67
64
Walkscore
AVG 40
51
Data Provided by Walkscore ® not using MLS data

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