Multi-Use Office
For Sale
Contact for pricing
40 Ross Cannon St Bldg. 3, York, SC 29745
Flexible office and medical suites are available, with sizes from about 2,000 to 10,400 SF.
Property Size10,400 SF
Price / SF$0.00
Days on Market120
Property Features for 40 Ross Cannon St Bldg. 3
General Information
Standard status
Active
Size
10,400 SF
Class
B
Property subtype
Office
Lease Term
NNN
Building Details
Building Size
10,400 SF
Year Built
1992
Properties For Sale
at 40 Ross Cannon St Bldg. 3
42 Ross Cannon St
Size
10,400 SF
Type
Medical
Term
60 months
Listing Agency:
SVN | Southern Commercial Real Estate
Listed By:
Mark Mayfield · License #South Carolina #18972
(803) 493-2424
Source:
Svn
Added: Jun 24
Changed: Oct 6
Last Checked: Oct 20 at 6:53PM
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 SVN | Southern Commercial Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Multi-use office space is available for sale, with suites ranging from approximately 2,000 SF up to 10,400 SF. The property offers flexible layouts that can support a range of uses including medical office, professional office, daycare, and veterinary or similar service users. Suite configurations are adjustable to fit tenant needs, and a tenant improvement allowance is available from the landlord depending on the use.
The property is located in York, SC with convenient access to major thoroughfares.
Suites have previously been used as an assisted living facility, and the current space is being marketed as adaptable for office and related uses.
The property is located in York, SC with convenient access to major thoroughfares.
Suites have previously been used as an assisted living facility, and the current space is being marketed as adaptable for office and related uses.
Key Highlights
- Multi‑use office/medical space for lease in York, SC, built in 1992
- Flexible suites available from approximately 2,000 SF up to 10,400 SF
- Suitable for medical, professional office, daycare, veterinary, and similar uses
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$111,919
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,238,380
$2.2M
Cap Rate 7%
$1,598,843
$1.6M
Cap Rate 9%
$1,243,544
$1.2M
Market Conditions
NOI Build-Up for 10,400 SF
Gross rent
$208.4K $20.04/SF
− Vacancy
−$21.9K −$2.10/SF
EGI
$186.5K $17.94/SF
− OpEx
−$74.6K −$7.17/SF
NOI
$111.9K $10.76/SF
Area
York County, SC
Vacancy
10.50%
Lease Rate
$20.04 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,238,380
Cap Rate 7%
$1,598,843
Cap Rate 9%
$1,243,544
Alternative Uses
Best Use
Office B
$1.98M
$1.73M – $2.31M
NOI $138,571 @ 7.0% cap · market cap 989,792.86%
Second Best
Healthcare Medical
$1.60M
$1.40M – $1.87M
NOI $111,919 @ 7.0% cap · market cap 799,421.43%
Theoretical Best
Office A
$2.45M
$2.14M – $2.85M
NOI $171,197 @ 7.0% cap · market cap 1,222,835.71%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
64
Businesses Nearby
Explore this area
Business Placement
Demographics for 29745, SC
32,602
Population
13,765
Households
2.4
Avg Household Size
41
Median Age
21%
College-Educated
87%
High-School Grad
135.8 sq mi
ZIP Area
240
Density / Sq Mi
$75,665
Median Household Income
$42,676
Median Earnings
$961
Median Rent
$242,200
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Flexible office and medical suites are available, with sizes from about 2,000 to 10,400 SF.
Where is this office unit located?
The property is located at 40 Ross Cannon St Bldg. 3 York, SC.
What are key features of this property?
This property features: Multi‑use office/medical space for lease in York, SC, built in 1992; Flexible suites available from approximately 2,000 SF up to 10,400 SF; Suitable for medical, professional office, daycare, veterinary, and similar uses
