146 Cargill Way Hartsville, SC 29550
- Office Properties & Spaces
- 5,000 SF
Current Use by Public Records
- Waddell & Reed, Inc. - Financial Advisors / Financial Planner / Financial Consultant
- Define Wealth Financial Group / Financial Planner
- CM SR22 Insurance Group / Insurance Company
Property Details for 146 Cargill Way
- Year built
- 2014
- Property size
- 5,000 SF
- Property type
- Office Properties & Spaces
Description
This exceptional Class A office building, constructed in 2014, offers 5,000 square feet of meticulously designed space in the heart of Hartsville, South Carolina. Located on Cargill Way, between Fourth and Fifth Streets, this property enjoys high visibility and convenient access to area amenities, including hotels, parks, and numerous restaurants and shops. The building features a single story, with a total of 5,000 net rentable square feet, currently at 50% occupancy. The existing tenant, a financial services firm, occupies half the building, comprising approximately 6-7 offices, 3 restrooms, a break room, and a reception area. The remaining 2,500 square feet is vacant and mirrors the layout of the occupied space, including 6-7 offices, 4 restrooms, a break room, and a reception area. Both halves share a central foyer/lobby. The building boasts high ceilings, perimeter offices with glass, professional-grade finishes, and abundant natural light. Modern features include motion-sensor lighting and Cat 6 cabling throughout. The asking price is $1,200,000, representing a price per square foot of $240 and a pro-forma cap rate of 7.75%. The pro-forma NOI is $92,963. This is an owner/user opportunity with significant potential for growth and additional income. The property is zoned B1. Detailed operating income/expense data is available upon request with a signed confidentiality agreement.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hartsville
- County
- Darlington
- State
- South Carolina
- Longitude
- -80.0712
- Latitude
- 34.3738