For Sale
$1,300,000

2650 St Matthews RdOrangeburg, SC 29118

ATI-Leased, 5,676 SF, High NOI

Overview

Added:
Dec 11, 2024
Days on market:
118

Highlights

  • $1,300,000 asking price for a 5,676 SF medical office building in Orangeburg, SC.
  • Net-leased to ATI Physical Therapy with a 5-year lease term plus a 5-year option.
  • 7.74% cap rate with a $100,566 annual net operating income (NOI).
  • 100% occupancy; building renovated in 2023 with a new roof and other improvements.
  • $0.50/SF rent increase beginning 10/1/2026.
  • 3.91-acre lot with 50 parking spaces; potential for future expansion.

Property Details for 2650 St Matthews Rd

Property type
Retail properties, Office properties
Square Feet
5,676 SF
Year Built/Renovated
2018/2023
Buildings
1
Stories
1
Lot Size (sq. ft)
170,320 SF

Location Insight

City
Orangeburg
County
Orangeburg
State
South Carolina
Latitude
33.5345942
Longitude
-80.8411535
2650 St Matthews Rd, Orangeburg, South Carolina
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2650 St Matthews Rd
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