Single-Tenant Medical Office
135 Professional Park Drive, Seneca, SC 29678
For Sale
Contact for pricing
Prisma Health occupies the property under a recently signed five-year lease extension.
Property Size4,751 SF
Price / SF$292.57
Days on Market40
Property Features for 135 Professional Park Drive
General Information
Standard status
Size
Property subtype
Occupancy
Site & Location
Highway Access
Road Access
Tenancy & Operations
Currently Operating
Tenant in Place
Additional Details
Property Use
Medical Specialty
Building Details
Buildings
Building Size
Tenancy
Owner Occupied
Listing Agency:
CBRE - Greenville
Listed By:
Rhett Craig
(864) 616-4676
Source:
Crexi
Added: Oct 1
Changed: Nov 9
Last Checked: Nov 8 at 5:07PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Greenville
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Investment Insights
Based on property information with market context.
This 4,751-square-foot medical office building in Seneca is fully leased to Prisma Health, with Prisma Health Oconee Urology as its sole practice. The health system has occupied the building for 6 years and recently signed a 5-year extension. The property is configured for medical office use.
The building is within Professional Park, a concentration of medical, dental, and professional service properties. It fronts the Highway 123 corridor, which connects Seneca with Anderson, Clemson, Easley, and Greenville. Prisma Health Oconee Memorial Hospital is less than 1.5 miles away.
The building is within Professional Park, a concentration of medical, dental, and professional service properties. It fronts the Highway 123 corridor, which connects Seneca with Anderson, Clemson, Easley, and Greenville. Prisma Health Oconee Memorial Hospital is less than 1.5 miles away.
Key Highlights
- 4,751‑square‑foot medical office building
- 100% leased to Prisma Health; Prisma Health Oconee Urology is the sole practice
- Prisma Health has leased the property for 6 years and signed a 5‑year extension
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,696
Cap Rate
4.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,213,920
$1.2M
Cap Rate 7%
$867,086
$867.1K
Cap Rate 9%
$674,400
$674.4K
Market Conditions
NOI Build-Up for 4,751 SF
Gross rent
$95.2K $20.04/SF
− Vacancy
−$14.3K −$3.01/SF
EGI
$80.9K $17.03/SF
− OpEx
−$20.2K −$4.26/SF
NOI
$60.7K $12.78/SF
Area
Oconee County, SC
Vacancy
15.00%
Lease Rate
$20.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,213,920
Cap Rate 7%
$867,086
Cap Rate 9%
$674,400
Alternative Uses
Best Use
Office B
$867.1K
$758.7K – $1.01M
NOI $60,696 @ 7.0% cap · market cap 4.37%
Second Best
Healthcare Medical
$836.1K
$731.6K – $975.5K
NOI $58,530 @ 7.0% cap · market cap 4.21%
Theoretical Best
Office A
$1.19M
$1.04M – $1.39M
NOI $83,484 @ 7.0% cap · market cap 6.01%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
366
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 29678, SC
23,700
Population
11,742
Households
2
Avg Household Size
40
Median Age
24%
College-Educated
85%
High-School Grad
79.8 sq mi
ZIP Area
297
Density / Sq Mi
$49,699
Median Household Income
$33,779
Median Earnings
$943
Median Rent
$205,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Medical Office Space - Prisma Health occupies the property under a recently signed five-year lease extension.
Where is this medical office space located?
The property is located at 135 Professional Park Drive Seneca, SC.
What is the asking price?
The asking price for this property is $1,390,000.
What are key features of this property?
This property features: 4,751‑square‑foot medical office building; 100% leased to Prisma Health; Prisma Health Oconee Urology is the sole practice; Prisma Health has leased the property for 6 years and signed a 5‑year extension
