501 Nelson Blvd

Office: Medical/Dental

501 Nelson Blvd, KingstreeSC 29556

Property Details

Location

Address
501 Nelson Blvd, KingstreeSC 29556
County
Williamsburg
Submarket
Parcels
11-039-004
In Opportunity Zone
Yes

Building Size

Building Size
Rentable Space
5,995 SF

Building Details

Type
 Office: Medical/Dental
Number of Buildings
Occupancy Type
Single Tenant
Percent Occupied
Building Class
B
Building Status
Existing
Floors
Year Built
1979
Sprinklers
Parking Ratio

Land & Utilities

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

Contacts

Current Listings

Government Leased Investment Opportunity

5,995 SF$600,000
Cap Rate: 7.94%
NAI Charleston, LLC

NAI Charleston is pleased to offer the exclusive listing of a SC state government leased investment opportunity in Kingstree, South Carolina. Kingstree is the county seat of Williamsburg County and is located 60 miles north of Charleston and 70 miles West of Myrtle Beach. The property at 501 Nelson Blvd. in Kingstree is a ±5,995 SF single story office building located at the stoplight intersection of Nelson Blvd. and Hwy 377. The property is leased to the Williamsburg Mental Health Department under a state government lease. The WMHD has been a tenant in this building for approximately 18 years and is planning on renewing their lease for a new five year term that will commence June 1, 2023. This is an opportunity to purchase a stable, low risk, government backed investment that will provide long term income to the owner.

NAI Charleston, LLC

NAI Charleston is pleased to offer the exclusive listing of a SC state government leased investment opportunity in Kingstree, South Carolina. Kingstree is the county seat of Williamsburg County and is located 60 miles north of Charleston and 70 miles West of Myrtle Beach. The property at 501 Nelson Blvd. in Kingstree is a ±5,995 SF single story office building located at the stoplight intersection of Nelson Blvd. and Hwy 377. The property is leased to the Williamsburg Mental Health Department under a state government lease. The WMHD has been a tenant in this building for approximately 18 years and is planning on renewing their lease for a new five year term that will commence June 1, 2023. This is an opportunity to purchase a stable, low risk, government backed investment that will provide long term income to the owner.

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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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