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Two-Story Single-Tenant Medical Office
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1604 E Cheves St, Florence, SC 29506

Fee simple interest in a purpose-built two-story medical office building, single-tenant and leased to a neurosurgery practice.

Property Size16,444 SF
Days on Market121

Property Features for 1604 E Cheves St

General Information

Standard status Active
Size 16,444 SF
Property subtype Office

Building Details

Year Built 2008
Stories 2
Tenancy Single
Listing Agency: Trinity Partners
Listed By: Dail Longaker · License #SC 17933
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 8:18PM

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 Trinity Partners

Investment Insights

Based on property information with market context.

Trinity Partners, LLC offers the fee simple interest in a single-tenant, two-story medical office building that serves the Florence Neurosurgery & Spine Center. The property is purpose built by the tenant in 2008 and later expanded in 2010. The building is leased to Florence Neurosurgery & Spine, P.C. with a remaining term of more than 10 years. The lease is personally guaranteed by William Naso, MD and Andrew Rhea, MD, with each physician guaranteeing their respective pro rata 50% share of the lease obligation throughout the initial 10 years of the 12-year lease.

The Florence Neurosurgery & Spine Center is situated within the footprint of the 80-acre McLeod Regional Medical Campus at 1604 E Cheves St in Florence, South Carolina.

This offering presents a single-tenant medical office asset purpose designed for neurosurgery and interventional pain management, operated by the tenant’s physician team at the center.

Key Highlights

  • Fee simple interest in a purpose‑built, two‑story single‑tenant medical office building at 1204 E. Cheves St., Florence, SC
  • 16,444 SF two‑story building leased to Florence Neurosurgery & Spine, P.C.
  • Purpose built by the tenant in 2008 and expanded in 2010

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Building Supply Kitchen & Bath Showroom Nail Salon Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

344
Businesses Nearby
Balanced
Demand for This Use

Demographics for 29506, SC

19,967
Population
8,710
Households
2.3
Avg Household Size
37
Median Age
15%
College-Educated
80%
High-School Grad
120.8 sq mi
ZIP Area
165
Density / Sq Mi
$38,441
Median Household Income
$25,677
Median Earnings
$802
Median Rent
$114,400
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?
Medical Office Space - Fee simple interest in a purpose-built two-story medical office building, single-tenant and leased to a neurosurgery practice.
Where is this medical office space located?
The property is located at 1604 E Cheves St Florence, SC.
What are key features of this property?
This property features: Fee simple interest in a purpose‑built, two‑story single‑tenant medical office building at 1204 E. Cheves St., Florence, SC; 16,444 SF two‑story building leased to Florence Neurosurgery & Spine, P.C.; Purpose built by the tenant in 2008 and expanded in 2010
(803) 331-0134 Call to check price and availability
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