Single-Tenant Medical
For Sale
Contact for pricing
301 E Wood Street, Spartanburg, SC 29303
Fee-simple medical center leased on an NNN basis, with landlord obligations limited to exterior walls and foundation.
Property SizeContact for details
Days on Market145
Property Features for 301 E Wood Street
General Information
Standard status
Active
Property subtype
Office
Listing Agency:
SRS Real Estate Partners New York
(973) 632-1386
Listed By:
Britt Raymond · License #NY 10491212709
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 30 at 11:08PM
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 SRS Real Estate Partners New York
Investment Insights
Based on property information with market context.
This fee-simple medical center includes the land and building and is occupied by UCG South Carolina, LLC, doing business as MEDcare Urgent Care. The single-tenant lease has 11 years remaining and includes one 15-year extension option. Lease terms are structured as NNN, with landlord responsibilities limited to maintenance and repair of the building’s exterior walls and foundation. The lease also provides 5% rental increases in May 2020 and 2025.
The property is positioned at the signalized intersection of East Wood Street and East Pearl Street, with 11,700 combined VPD, and sits just off US Highway 176, which records 34,600 VPD. It is adjacent to Spartanburg Medical Center, a regional research and teaching hospital with 540 beds and more than 6,500 employees. Nearby national and credit tenants include Food Lion, CVS Pharmacy, Rite Aid, Big Lots, Dollar General, and Family Dollar. The surrounding 5-mile trade area includes over 96,800 residents and reports an average household income of $56,451.
The property is positioned at the signalized intersection of East Wood Street and East Pearl Street, with 11,700 combined VPD, and sits just off US Highway 176, which records 34,600 VPD. It is adjacent to Spartanburg Medical Center, a regional research and teaching hospital with 540 beds and more than 6,500 employees. Nearby national and credit tenants include Food Lion, CVS Pharmacy, Rite Aid, Big Lots, Dollar General, and Family Dollar. The surrounding 5-mile trade area includes over 96,800 residents and reports an average household income of $56,451.
Key Highlights
- Fee‑simple interest includes the land and building
- Single‑tenant MEDcare Urgent Care lease has 11 years remaining
- One 15‑year option period to extend the lease
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,582
Businesses Nearby
Explore this area
Business Placement
Demographics for 29303, SC
26,793
Population
10,891
Households
2.5
Avg Household Size
33
Median Age
12%
College-Educated
76%
High-School Grad
32.4 sq mi
ZIP Area
827
Density / Sq Mi
$45,713
Median Household Income
$24,506
Median Earnings
$968
Median Rent
$143,600
Median Home Value
Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Medical center - Fee-simple medical center leased on an NNN basis, with landlord obligations limited to exterior walls and foundation.
Where is this medical center located?
The property is located at 301 E Wood Street Spartanburg, SC.
What are key features of this property?
This property features: Fee‑simple interest includes the land and building; Single‑tenant MEDcare Urgent Care lease has 11 years remaining; One 15‑year option period to extend the lease
