2828 North Ave Anderson, SC 29625
This exceptional investment opportunity presents a 5,900 square foot, single-tenant medical office building located at 2828 E North Ave, Anderson, SC 29625. The property, a Class C building constructed in 2005 and expanded in 2019, boasts 100% occupancy with a strong, stabilized tenant: Magnolia Veterinary Hospital. This general wellness and emergency care practice, comprised of 11 veterinarians, enjoys above-average revenue and benefits from extended hours. The 2019 expansion added 2,000 square feet, significantly enhancing the building, HVAC system, and parking lot. The property is offered fee simple with a Net Net (NN) lease featuring a corporate guarantee from Encore Vet Group, a national pet healthcare group with over 60 locations. The lease includes scheduled annual rent increases of 4.0%, providing predictable income growth. The asking price is $3,300,000, translating to $559.32 per square foot. This is a rare opportunity to acquire a high-performing medical office building with a secure, long-term lease and significant upside potential. The property's location in Anderson County, South Carolina, offers convenient access to a thriving community. The building's recent improvements and strong tenant occupancy make this an attractive investment for discerning buyers seeking stable, high-return properties in the healthcare sector.
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Magnolia Veterinary Hospital Veterinary Clinic
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Long Bobby DVM Veterinary Clinic
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Dr. Eaves Veterinary Clinic
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.