2500 Elms Center Rd is a 19,453 sf single tenant medical office building which houses Palmetto Primary Care’s Laboratory and Corporate Center.
There is a new 7 year NNN lease in place with 2% annual escalators. PPCP is the largest outpatient physicians group in South Carolina and has 32 physician offices. The 2500 Elms building is being offered for sale at $3,800,000, equating to a 7.6% cap.
2500 Elms Center Rd is located within a North Charleston medical district which contains dozens of medical offices as well as Trident Medical Center which is a 313 bed hospital. The 29406 medical service area is growing at a rate of over 9% over the next five years.
Call Nancy today to request a listing package or tour, 843.817.3226.