2185 N Fraser St., Georgetown, SC 29440
- $640,000
- 4,760
- SqFt
- Sold Price
- $640,000
- List Price
- $685,000
- Status
- CLOSED
- MLS#
- 2322019
- Closing Date
- Mar 17, 2025
- Property Type
- Office
- Lot Size
- 43,560
- Region
- 46a Georgetown Area--Includes City Of Georgetown
Property Description
Calling All Investors! 8.6% Cap Rate! This NNN investment features a fully renovated building with significant physical improvements made prior to the current tenant’s occupancy. The property is leased to a childcare business, which is in the third year of a 10-year lease. Rent increases by 2% annually starting in year 3. Additionally, the lease includes two 10-year renewal options, each with a 2% rent increase. The tenant is responsible for ad valorem taxes, insurance, utilities, landscaping, and trash removal. Located near Georgetown Hospital, this is an excellent long-term investment.
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Additional Information
- Exterior Finish
- Brick Veneer
- Interior Features
- Handicap Access
- Levels
- One
- Possession
- Closing
- County
- Georgetown
- Parking Spaces
- 38
- Acres
- 1
- Heating
- Central
- Zoning
- GC
- Listing Courtesy Of
- Marek Property Advisors
Listing courtesy of Listing Agent: Skip Corn () from Listing Office: Marek Property Advisors.
Selling Office: Marek Property Advisors.
Provided courtesy of The Coastal Carolinas Association of REALTORS®. Information Deemed Reliable but Not Guaranteed. Copyright 2026 of the Coastal Carolinas Association of REALTORS® MLS. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.