Search
Prev
Next
Commercial

2185 N Fraser St., Georgetown

$695,000

Bedroom bedrooms

  • MLS #: 2322019
  • Address: 2185 N Fraser St., Georgetown, SC 29440
  • Date Listed: 6/3/2022
  • Days on Market: 995
  • Acres: 1

Location Location

Agent Comments Agent Comments
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.

Interior Features Interior Features
  • Cool System: Central Air
  • Heat System: Central
  • Floors: One
  • Interior: Handicap Access

Additional Features Additional Features
  • County: Georgetown
  • Property Type: Office
  • Tax Number: 02-0103-011-00-00
  • Stories: 1