2185 N Fraser St., Georgetown, SC

$695,000

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4,760

Square feet

1.00

Acre

About 2185 N Fraser St.

Calling All Investors! 8.6% Cap Rate! This NNN investment features a fully renovated building with significant physical improvements made prior to the current tenant’s occupancy. The property is leased to a childcare business, which is in the third year of a 10-year lease. Rent increases by 2% annually starting in year 3. Additionally, the lease includes two 10-year renewal options, each with a 2% rent increase. The tenant is responsible for ad valorem taxes, insurance, utilities, landscaping, and trash removal. Located near Georgetown Hospital, this is an excellent long-term investment.

Features of 2185 N Fraser St.

MLS® # 2322019
Price $695,000
Bathrooms 0.00
Square Footage 4,760
Acres 1.00
Type Commercial Sale
Sub-Type Office
Status Active

Community Information

Address 2185 N Fraser St.
Area 46A Georgetown Area--includes city of Georgetown
City Georgetown
County Georgetown
State SC
Zip Code 29440

Amenities

Parking Spaces 38
Is Waterfront No
Has Pool No

Interior

Heating Central
Cooling CentralAir
Fireplace No
Has Basement No

Exterior

Exterior Brick Veneer

Additional Information

Days on Website 473
Zoning GC
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeMarek Property Advisors

Listing Map

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