For Sale

1244 Boston Avenue

1244 Boston Avenue , Cayce, South Carolina 29170

Summary

Great Investment Income Opportunity
— Single tenant since 1985
— ±51,788 SF Office Building
— ±4.23 Acre Site
— Building renovated in 2006 and continually
— Estimated 2020 NOI: $406,600
— 8.1% CAP Rate
— Easy access to Interstate 26 (±0.5 mi)
— Zoning: C-2 (Neighborhood Commercial)
— Ample parking: 282 Spaces (Ratio of 5.4 : 1,000 SF)
— State government Gross Lease
— Lease until June 30, 2022 at $14.75 PSF with 2.5% increases
— SALE PRICE: $5,000,000

Back to All Properties