102 Buford Ave Ste A Anderson, SC 29621-3365

Property Details for 102 Buford Ave Ste A

Year built

1978

Lot size

1.04 lot acres

Property size

4,145 SF

Property type

Office buildings

APN

148-08-04-022

APU

1480804022

Description

This exceptional two-story, 10,405 square foot medical office building in Anderson, South Carolina, presents a compelling investment opportunity. Boasting a 7.89% cap rate and 100% occupancy across five tenants, this property offers immediate cash flow. Situated on a spacious 1.55-acre lot in Anderson County (APN 148-08-04-022-000), the building, constructed in 1978, benefits from its strategic location between AnMed Health's North and South campuses, ensuring convenient access for both tenants and patients. The substantial lot size presents potential for future expansion or development, enhancing long-term investment returns. The current multi-tenant structure minimizes risk and provides a stable income stream. The strong occupancy rate and favorable demographics of the area, coupled with the proximity to major healthcare facilities, contribute to a robust and sustained demand for medical office space. Opportunities exist to further increase property value through lease restructuring and implementing modern amenities to attract higher-quality tenants and command increased rental rates. This Class B property is a rare find in a thriving healthcare market.

Location Insight

City

Anderson

County

Anderson

State

South Carolina

Longitude

-82.6355

Latitude

34.5243

CBSA code

24860

CBSA name

GREENVILLE-ANDERSON, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments