Dark Fresenius Kidney Care - Holly Hill — Sale in Holly Hill, SC

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: Holly Hill, SC 29059

Photos

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Investment Figures

Cap rate
1.00%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present the value-add medical office investment opportunity located at 8532 Old State Road in Holly Hill, South Carolina. The offering features a vacant medical office building with an existing lease obligation in place, as the tenant remains responsible for the lease through April 2028. This unique structure provides investors with contractual income security during the remaining lease term while creating the opportunity to plan for future repositioning, re-tenanting, or owner-user occupancy. Investor appeal is further enhanced by highly favorable market fundamentals. The surrounding medical office submarket currently reports a zero percent medical office vacancy rate, highlighting significant unmet demand for quality healthcare space. Additionally, medical office development has declined 45 percent year over year, limiting future competitive supply and reinforcing the property's long-term leasing potential. The offering includes excess land adjacent to the property, creating opportunities for future expansion, additional parking, or other value-enhancing improvements. Existing rents are below market, providing investors with meaningful upside through future lease-up or rental rate adjustments. Furthermore, the property is offered well below replacement cost, representing an attractive basis compared to the cost of developing a comparable medical office property. Combining contractual lease obligations through April 2028, a supply-constrained medical office market, and multiple value-add opportunities, this investment is well positioned to generate long-term appreciation and stable returns for investors. Investment Highlights: • Contractual Lease Obligations Provide Income Security Through April 2028 • Value-Add Opportunity with Below-Market Rents and Excess Land for Future Expansion • Supply-Constrained Medical Office Market with Limited New Development • Offered Well Below Replacement Cost with Strong Long-Term Appreciation • Add

Market Context

This office in Holly Hill, SC is listed for sale. It is offered at an approximate 1.0% capitalization rate, a key benchmark for income-producing office assets. Compare it against other office listings for sale in Holly Hill, SC — view the full market.

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