5880 Rivers AvenueNorth Charleston, SC 29406

6.4% cap rate! Fully Leased Medical and Office Building available for sale with great access and visibility from Rivers Ave (37,800 vehicles per day). The 2-story building is approximately 6,800 SF and sits on 1.02 AC. The back parking lot allows for ample parking (approximately 30 spaces) under magnificent live oaks. Year 1 Net Operating Income is $172,439.The first floor is approximately 4,200 SF of medical office that was renovated in 2022. First floor is owner occupied, inquire for lease terms. The first floor consists of an oversized waiting room, 10 exam rooms, 4 restrooms, 8 offices, nurses' stations, reception, check out, and storage room. There is access to the second floor from the first floor and a future elevator shaft (no elevator at present). See attached floor plan. The second floor is approximately 2,600 SF and is occupied by a law firm with a long-term lease in place. The second floor was recently renovated in 2023 and has its own exterior gated private entrance which leads into the stairwell, with great natural light from the oversized window, up to the second floor. Upon reaching the top of the stairs, you enter a large lobby and break room. The rest of the layout consists of 5 private offices, a large conference room, 2 bathrooms, and 8 dormer closets that are built out to full ceiling height, contain their own windows, and have AC and lighting. Additionally, there are two unconditioned attic spaces (not included in SF). Most all of the offices have windows. The property is in close proximity to I-26. The premises is highly secure, with a gated second floor entry area, video surveillance around the exterior of the property, and a separate alarm system in place for first and second floor. Active Leases in place. Do NOT approach business or employees.

• MLS ID31004951
• Property TypeCommercial - Office
• Current UseCommercial, Investment, Medical/Dental, Office
• Days on Site283
• Existing Lease TypeOther
• Lot Size1.02 Acres
• Parcel Number472-03-00-111
• Parking Total30.00
• Year Built2007
• ZoningCity of North Charleston - B-2 - General Business District
• acres1.02