Catylist Listing ID: 30189374
Property Subtypes: Business Park, Medical, Office Building
Building Size (RSF): 30,407 SF
Gross Building Area: See Agent
Sale Price: $5,000,000
Unit Price: $164.44 PSF
Property Use Type: Investment, Vacant/Owner-User
Class of Space: Class B
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 7/12/2018

Overview / Comments

Healthcare Trust of America, as the Owner, presents the Hilton Head Portfolio (the “Portfolio”), a high quality portfolio suited for office, medical, or retail uses comprising of three properties on or near Hilton Head Island, South Carolina. The Portfolio is offered with fee simple interest, unencumbered by existing debt. Two of the three buildings, Heritage I & II, making up this 30,407 square foot Portfolio are located on Hilton Head Island, 1.25 miles southeast of St. Joseph’s / Candler Health Systems (Moody’s “A3”) Hilton Head Regional Medical Center Hospital. Hilton Head Regional Medical Center, the only hospital on Hilton Head Island, was built in 1975 and has recently expanded to 93-beds. The hospitals Center for Hyperbarics and Wound Care currently leases 12% of the portfolio. The remaining building, Moss Creek, located 6.6 miles away just on the other side of the bridge leading to Hilton Head Island, is located in a community core location amongst other physicians offices. Amenities including, Sam’s Club, CVS, Old Navy, Nike, Bed Bath & Beyond, Walmart, Wells Fargo, the Tangier Outlet shopping center, The Hilton Head National Golf Club, and the Hilton Head International Airport surround Heritage I, II, and Moss Creek.

Attachments & Media

Additional Details

Nearest MSA: Hilton Head Island-Bluffton-Beaufort
County: Beaufort
Property Visibility: Good
Year Built: 1996
Roof Type: Other

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,131 20,473 33,034
Median Age: 38.94 50.24 49.84
Households: 1,226 8,927 14,444
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