1220 &1240 Hospital,Mount Pleasant, SC

1220 &1240 HospitalMount Pleasant, SC

Two professional Medical Office Buildings for Sale in Prime Location in Mt Pleasant. Each building is approximately 2,684SF, for a total of 5,368 SF between both stand alone buildings. Buyer should verify SF if important. Owner will benefit from being neighbors with East Cooper Hospital and affiliated medical buildings. Great access as the premises is essentially at the corner of Highway 17 and Bowman Rd. See attached floor plans and descriptions below.1240 Hospital Dr features 3 treatment rooms with sinks, one procedure room with sink, one wet room, lobby, three bathrooms, reception area, two break rooms, upstairs attic with stair access (unconditioned space), conference room, four additional rooms (no sink), and plenty of storage with three+ closets. There are approximately 12 surface parking spots and the building fronts Hospital Dr. 1220 Hospital Dr has approximately eight plus surface parking spots and the building is set back from Hospital Dr. Both buildings are catty corner to each other on the property, comprised of four total buildings.Buildings sold together in one sale. Will not be separated. Do NOT approach businesses, tenants, or customers. Must make listing appointment with listing agent. Active leases in place. Your discretion is appreciated.

Info

City NameMount Pleasant
CountyCharleston
StateSC
Property TypeOffice
Postal Code29464
Square Feet5368 SF
Status Active
Parcel Number 559-00-00-138, 559-00-00-140
Title Two Medical Office Buildings For Sale Near East Cooper Hospital
Year Build 1986
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Listed by: Carolina One Commercial Real Estate

Our ProcessStep By Step

SiteIdentification

Our investment team does ongoing market research and site analysis to determine the best locations geared towards our investment strategy.

SiteInspections

We perform site inspections and consult with general contractors and architects to identify property improvement opportunities and cost estimates.

PropertyAnalysis

We do extensive property analysis including underwriting property historical cash flow, three tiered income modeling, future cash flow projections and IRR and cash on cash return profitability models.

TheUnderwriting

Our team underwrites the current tenants and reviews all current lease agreements to determine an appropriate credit grade of the property and identify opportunities for improvement.