All-Brick Medical Office
3115 Brushy Creek Rd Greer, SC 29650
For Sale
Contact for pricing
All-brick medical office building in a professional office park with a 10-year leaseback.
Property Size6,244 SF
Price / SF$353.85
Days on Market150
Property Features for 3115 Brushy Creek Rd
General Information
- Standard status
- Active
- Size
- 6,244 SF
- Property subtype
- OFFICE
Listing Agency:
Sperry Commercial - South Carolina
(864) 525-8562
Listed By:
Mark Griffin · License #76772
(864) 525-8562
Source:
Moodyscre
Added: Feb 23
Changed: Jul 23
Last Checked: Jul 23 at 3:52AM
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 Sperry Commercial - South Carolina
Investment Insights
Based on property information with market context.
This all-brick medical office building totals 6,244 square feet and is located within a professional office park setting. The property is offered for sale with a 10-year leaseback in place.
The asset is situated in the Brushy Creek Professional Office Park in Greer, South Carolina, with the current tenant identified as Johnston Orthodontics, a practice described in the remarks as having more than 20 years in operation.
The listing information focuses on the building’s all-brick construction, its medical office use, and the existing leaseback arrangement.
The asset is situated in the Brushy Creek Professional Office Park in Greer, South Carolina, with the current tenant identified as Johnston Orthodontics, a practice described in the remarks as having more than 20 years in operation.
The listing information focuses on the building’s all-brick construction, its medical office use, and the existing leaseback arrangement.
Key Highlights
- All‑brick medical office building totaling 6,244 SF
- Located in Brushy Creek Professional Office Park
- 10‑year leaseback with Johnston Orthodontics (20+ year orthodontic practice)
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $143.9k | $23.04 |
| − Vacancy | −$15.8k | −$2.53 |
| EGI | $128.0k | $20.51 |
| − OpEx | −$32.0k | −$5.13 |
| NOI | $96.0k | $15.38 |
6,244 SF · lease $23.04/SF/yr · vacancy 11.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.37M
$1.20M – $1.60M
NOI $96,028 @ 7.0% cap · market cap 4.35%
Second Best
Healthcare Medical
$294.1K
$257.4K – $343.2K
NOI $20,590 @ 7.0% cap · market cap 0.93%
Theoretical Best
Office A
$2.67M
$2.33M – $3.11M
NOI $186,747 @ 7.0% cap · market cap 8.45%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Stoudemayer Tully C ...
Pediatrician
Wayne G. Laney, ...
Alternative Medicine Practice
Christopher Jennings
Physician
Brushy Creek Oral ...
Medical Clinic
Dr.Johnston Office
Medical Clinic
FAQs
What type of property is this?
Medical Office Space - All-brick medical office building in a professional office park with a 10-year leaseback.
Where is this medical office space located?
The property is located at 3115 Brushy Creek Rd Greer, SC.
What is the asking price?
The asking price for this property is $2,209,415.
What are key features of this property?
This property features: All‑brick medical office building totaling 6,244 SF; Located in Brushy Creek Professional Office Park; 10‑year leaseback with Johnston Orthodontics (20+ year orthodontic practice)
