204 Parsons Rd

Office: Medical/Dental
Pending

204 Parsons Rd, SummervilleSC 29483

Property Details

Location

Address
204 Parsons Rd, SummervilleSC 29483
County
Dorchester
Submarket
63 - Summerville/Ridgeville Area
Parcels
137-01-00-031.000

Building Size

Building Size
Rentable Space
4,133 SF

Building Details

Type
 Office: Medical/Dental  
 Pending
Number of Buildings
1
Occupancy Type
Single Tenant
Percent Occupied
100%
Building Class
A
Building Status
Existing
Floors
1
Year Built
2020
Sprinklers
Parking Ratio

Land & Utilities

Sanitary Sewer
Yes
Water
Yes
Rail Service
No
Zoning
CN
Lot Depth
Lot Width

Contacts

Current Listings

NNN Leased Medical Office in Summerville, SC

4,133 SF$1,450,000
Cap Rate: 5%
Choice Realty, Inc.

Strategically located along the path of development in Summerville, SC, this freestanding 4,133 sq ft Medical Office Building build-to-suit offers quick and easy access from downtown Summerville, Knightsville, Highway 78 and is a 5-minute drive to Nexton Parkway off Interstate 26 (Exit 197). 204 Parsons Rd is a sturdy long-term NNN leased commercial property investment with strong demographics. Desirable annual rent increase of over 9% in 2023 with subsequent annual rent bumps of 3% and renewal option with 3% annual increases. Average household income exceeds $82K within a 3-mile radius.

Choice Realty, Inc.

Strategically located along the path of development in Summerville, SC, this freestanding 4,133 sq ft Medical Office Building build-to-suit offers quick and easy access from downtown Summerville, Knightsville, Highway 78 and is a 5-minute drive to Nexton Parkway off Interstate 26 (Exit 197). 204 Parsons Rd is a sturdy long-term NNN leased commercial property investment with strong demographics. Desirable annual rent increase of over 9% in 2023 with subsequent annual rent bumps of 3% and renewal option with 3% annual increases. Average household income exceeds $82K within a 3-mile radius.

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Commercial Location Score (CLS) is a scoring system developed by Moody's Analytics to help commercial real estate professionals gain a quick understanding of the major factors that affect the value of a location. It's designed as a means to consistently evaluate a location's suitability/desirability for a particular use based on a number of factors.

CIE

Source: SCCMLS

More Information

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