Medical Office Suite with
For Sale
Contact for pricing
277 Willbrook Blvd. Unit B, Pawleys Island, SC 29585
A two-level clinical layout includes patient waiting and reception areas alongside multiple exam rooms.
Property Size2,420 SF
Price / SF$2.08
Days on Market90
Property Features for 277 Willbrook Blvd. Unit B
General Information
Standard status
Active
Size
2,420 SF
Property subtype
Office
Amenities
covered patio
Building Details
Year Built
2007
Stories
2
Abandoned
No
Listing Agency:
CB Sea Coast Commercial
(843) 650-0998
Listed By:
Drew Parks · License #22382
(843) 455-0216
Source:
Thenelsonteamsc
Added: Aug 5
Changed: Nov 2
Last Checked: Nov 2 at 2:44AM
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 CB Sea Coast Commercial
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Investment Insights
Based on property information with market context.
Unit B is a 2,420-square-foot medical office suite arranged across two floors. Its plan includes a spacious waiting area, a reception office, multiple exam rooms, and three restrooms, with two on the ground level and one upstairs. A covered patio faces a pond.
The suite is in the Mingo development at Litchfield Beach, off Willbrook Boulevard in Pawleys Island. Ocean Highway (Hwy 17) has an average daily traffic count of 42,800. Mingo businesses include Quigley’s Pint & Plate, Kudzu Bakery, Stox & Co Spa, and insurance offices.
The suite is in the Mingo development at Litchfield Beach, off Willbrook Boulevard in Pawleys Island. Ocean Highway (Hwy 17) has an average daily traffic count of 42,800. Mingo businesses include Quigley’s Pint & Plate, Kudzu Bakery, Stox & Co Spa, and insurance offices.
Key Highlights
- 2,420‑square‑foot, two‑story medical office suite
- Large waiting area, reception office, and multiple exam rooms
- Three restrooms: two on the ground floor and one on the second floor
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,494
Suggested Prices Based on Cap Rates
Cap Rate 5%
$589,880
$589.9K
Cap Rate 7%
$421,343
$421.3K
Cap Rate 9%
$327,711
$327.7K
Market Conditions
NOI Build-Up for 2,420 SF
Gross rent
$53.7K $22.20/SF
− Vacancy
−$4.6K −$1.89/SF
EGI
$49.2K $20.31/SF
− OpEx
−$19.7K −$8.13/SF
NOI
$29.5K $12.19/SF
Area
Georgetown County, SC
Vacancy
8.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$589,880
Cap Rate 7%
$421,343
Cap Rate 9%
$327,711
Alternative Uses
Best Use
Office B
$485.4K
$424.7K – $566.3K
NOI $33,977 @ 7.0% cap · market cap 673.88%
Second Best
Healthcare Medical
$421.3K
$368.7K – $491.6K
NOI $29,494 @ 7.0% cap · market cap 584.97%
Theoretical Best
Office A
$663.8K
$580.8K – $774.4K
NOI $46,464 @ 7.0% cap · market cap 921.54%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
329
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 29585, SC
16,574
Population
12,061
Households
1.4
Avg Household Size
60
Median Age
50%
College-Educated
96%
High-School Grad
61.8 sq mi
ZIP Area
268
Density / Sq Mi
$83,077
Median Household Income
$42,237
Median Earnings
$1,599
Median Rent
$423,700
Median Home Value
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Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Young Veterinary Hospital — 14792 Ocean Hwy, Pawleys Island, SC 29585
- Young Veterinary Hospital: Young Ross DVM — 14792 Ocean Hwy, Pawleys Island, SC 29585
Frequently Asked Questions
What type of property is this?
Medical Office Space - A two-level clinical layout includes patient waiting and reception areas alongside multiple exam rooms.
Where is this medical office space located?
The property is located at 277 Willbrook Blvd. Unit B Pawleys Island, SC.
What are key features of this property?
This property features: 2,420‑square‑foot, two‑story medical office suite; Large waiting area, reception office, and multiple exam rooms; Three restrooms: two on the ground floor and one on the second floor
