Property summary
This exceptional investment opportunity presents a 29,037 square foot medical office building located at 722 Hyatt St, Gaffney, SC 29341. The property is currently 100% occupied under a Net Lease (NN+) agreement with Spartanburg Healthcare System, a credit-rated tenant with an A2 rating from Moody's. The lease, recently renewed in March 2024, has a remaining term of 9.3 years with a 2.5% annual rent increase and one 5-year renewal option. The building, constructed in 2000 and renovated in… 2011, serves as a primary care and cancer center, providing essential services to the community. Spartanburg Healthcare System operates a network of 166 medical sites, generating $5.7 billion in total patient revenue and $239.6 million in EBITDA. The asking price is $8,210,000, representing a 6.25% cap rate and a Net Operating Income (NOI) of $513,113. This fee-simple ownership offers a secure, long-term investment in a rapidly growing healthcare market within a high-growth state. The property benefits from the tenant's strong financial performance and the long-term lease structure, providing predictable and increasing cash flow. The building's location in Gaffney, South Carolina, places it within a thriving healthcare system and a rapidly expanding community.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 4 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 29,732 SF
- Lot area
- 2.8 ac
- Year built
- 2001
- APN
- 063-00-00-001.009
- Assessed value · 2023
- $286,800
- Annual tax · 2023
- $93,153
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Alternative use
- Local Zoning Insight
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- NOI Potential
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- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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