975 By Pass 123, Seneca, SC 29678-4758
This exceptional investment opportunity presents a 3,289 square foot medical office building in Seneca, South Carolina, currently leased to AFC Urgent Care under a 10-year absolute NNN lease commencing December 24, 2023, and expiring December 31, 2033. The property boasts a strong 5.75% cap rate and a Net Operating Income (NOI) of $120,000. The lease includes annual rent bumps, ensuring consistent income growth. Situated on a 0.66-acre lot at 975 By Pass 123, Seneca, SC 29678, this high-visibility location benefits from exceptional daily traffic counts exceeding 31,000 vehicles on US Route 123, and an additional 50,900 vehicles daily at the nearby intersection of US Route 123 and State Route 28. The property enjoys proximity to major national retailers including Walmart, Lowe's, and numerous others, further enhancing its visibility and desirability. Its strategic location is also less than one mile from Prisma Health Oconee Memorial Hospital and less than eight miles from Clemson University, providing a substantial and stable patient base for the tenant. The building underwent renovations in 2024. This is a passive, long-term investment opportunity with a proven tenant in a high-traffic area. This offering is suitable for a 1031 exchange.
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BB&T ATM Atm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
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
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.