743 Folly Road

Charleston, SC
$ 2,060,633 Beds 0 Baths 0
Monthly Estimate* How much can I afford?

This 3,700 sf freestanding medical office building was built to suit for Doctors Care in 2007. They have occupied the building ever since and have over 15 years + options remaining on their NNN lease. This site has great visibility from Folly Road with the closest traffic count being 43,800 (2018). This is the only urgent care facility south of the James Island connector, making it the most accessible urgent care for the majority of James Island, and the entirety of Folly Beach. All 68 Doctors Cares in South Carolina are owned by BlueCross BlueShield of SC who received their companies 18th straight A+ business risk rating this year. BlueCross BlueShield of SC is one of South Carolina's largest employers with over 11,000 employees. They are recognized as the "tenant" on the lease. Current NOI is $120,547 with a 7.5% increase on January 1st, 2022. This is a great opportunity to secure a long-term leased asset in a great location with a high credit tenant

Commercial

  • Price
  • $ 2,060,633
  • Lot Size
  • Bedrooms
  • 0
  • Full Bathrooms
  • 0
  • Half Bathrooms
  • 0
  • City, Zip
  • Charleston
  • County
  • CHARLESTON
  • Style
  • Area
  • James Island
  • MLS#
  • 30631679
  • Zip
  • 29412
Listing Provided by: Avison Young - South Carolina Inc

Features

General

Property Sub Type Medical
Property Type Office
Submarket 21 - James Island
Zoning GB

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Edgefield, SC office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

7/17/2020 Listed $2,060,633

Property vs Zip Code Average in 29412

Price
AVG $1.38M
$2.06M
Visits
AVG 40
33
Walkscore
AVG 39
52
Data Provided by Walkscore ® not using MLS data

Map

Areas That We Cover

743 Folly Road Charleston, SC is a Single Family Home for sale at $2060633 and a lot size of Acre(s). 743 Folly Road Charleston has 0 bedrooms, 0 baths . The property's zip code is 29412 which is in Charleston, SC

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.