10110 Clemson Blvd Seneca, SC 29672

Property Details for 10110 Clemson Blvd

Year built

2004

Lot size

2.20 lot acres

Property size

6,232 SF

Property type

Medical offices

Property subtype

Medical centers

APN

520-14-03-001

APU

5201403001

Description

This exceptional 6,227 square foot Class B medical office building in Seneca, South Carolina, presents a compelling investment opportunity. Located on a 2.2-acre lot (APN 520-14-03-001), the property boasts 100% occupancy with a long-term, triple-net (NNN) lease in place with Mountain Lakes Family Medicine (Prisma Health). The current lease, commencing August 2022 and extending through 2032, includes a 10-year renewal option with annual rent increases of 2.5% starting in year six. Two additional 10-year renewal options with the same rent structure are also available. The asking price is $2,283,233, representing a compelling 6.00% capitalization rate based on a current net operating income (NOI) of $136,994. This property offers a stable, high-yield investment with significant long-term growth potential in a thriving healthcare market. The building's strong tenant, Prisma Health, a major integrated healthcare system in South Carolina, ensures consistent cash flow and minimizes vacancy risk. This is an ideal opportunity for investors seeking a secure, income-producing asset with a proven track record.

Location Insight

City

Seneca

County

Oconee

State

South Carolina

Longitude

-82.9357

Latitude

34.6987

CBSA code

42860

CBSA name

SENECA, SC MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments