This is a net leased investment opportunity for a Class A medical office building located within one mile of Roper St. Francis Hospital. Tenant base is very strong with Roper Hospital occupying almost 60% of the building, a medical research tenant in 24% and two smaller tenants rounding out the balance. This is a two story brick building with elevator access.* Contact listing broker for tenant and lease information.Occupancy:100%Net of Income:$336,337.56Cap rate: 7.36%*Pending ratification of amendment for 2,529 by existing tenant.DIRECTIONS: From I-526 West, take exit #11A onto Paul Cantrell Blvd toward SC-61 / Ashley River Rd. Turn left onto Tobias Gadson Blvd, and property is part of the ""61 West"" development on your left directly behind 1483 Tobias Gadson Blvd Building
Listing Date: 01-30-2023
Sold Date: 08-15-2017
Listing Sold: 
6 Year(s), 8 month(s), 10 day(s) ago
Asking Price: $4,200,000
Selling Price: $4,200,000
Price Difference:
Same as list price
Anchored: No
Year Built: 2008
Asking Price Type: Fixed Price
County: Charleston
Land Size: 0.00
Class of Space: Class A
Title: 1481 Tobias Gadson Blvd
Second Property Subtype: Office
Zoning: City of Charleston - GO - Gen
Nearest Msa: Charleston-North Charleston, SC
Sale Terms: Undisclosed
Property Type: A
Original Price: $4,200,000
Build To Suit: No
Property Use Type: Office
Class Type: Office
Sold Date: 2017-08-15T00:00:00
Rentable Area: 17690
Courtesy of listing office Avison Young - South Carolina Inc