Single-Tenant Office Medical
Eye Health America | NNN Lease | Low Rent/SF
504 S Fourth St, Hartsville, SC 29550
Listing Price: $1,200,000
Cap Rate
8.08%
Tenant Name
Eye Health America, LLC
Years Remaining On Lease
3.9
Guarantor
No Guarantee
Rentable SF
8,398
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$11.55
Investment Overview
Single Tenant NNN Medical
Eye Health America | NNN Lease | Low Rent/SF
Investment Highlights
- Longstanding Eye Care Practice in Hartsville, SC Over 50 years of continuous operation for practice
- Historical Occupancy at Location Practice has been operating out of this site for 25 years
- Passive Net Lease Ownership for Landlord Tenant handles operation of property directly
- Below Market Rental Rate Current rent/sf is $11.43. Lease calls for FMV adjustment for renewal options
- Recent Renovations Completed Roof replaced in 2018 Floors replaced in 2020 Exam rooms renovated in 2024
- Recent Acquisition for Eye Health America PeeDee Eye Associates Acquired by Eye Health America in 2020 LLR Partners has raised over $5 billion across six funds
- Proximity to 116 Bed Regional Hospital 3.6 Miles to Carolina Pines Regional Medical Center
Single-Tenant Office Medical
Eye Health America | NNN Lease | Low Rent/SF
Listing Price: $1,200,000
Cap Rate
8.08%
Tenant Name
Eye Health America, LLC
Years Remaining On Lease
3.9
Guarantor
No Guarantee
Rentable SF
8,398
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$11.55
Investment Highlights
- Longstanding Eye Care Practice in Hartsville, SC Over 50 years of continuous operation for practice
- Historical Occupancy at Location Practice has been operating out of this site for 25 years
- Passive Net Lease Ownership for Landlord Tenant handles operation of property directly
- Below Market Rental Rate Current rent/sf is $11.43. Lease calls for FMV adjustment for renewal options
- Recent Renovations Completed Roof replaced in 2018 Floors replaced in 2020 Exam rooms renovated in 2024
- Recent Acquisition for Eye Health America PeeDee Eye Associates Acquired by Eye Health America in 2020 LLR Partners has raised over $5 billion across six funds
- Proximity to 116 Bed Regional Hospital 3.6 Miles to Carolina Pines Regional Medical Center
Investment Overview
Single Tenant NNN Medical
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