559 Harrison Bridge Rd - Parkside Pediatrics 11,605 SF Health Care Building Offered at $8,367,000 at a 6% Cap Rate in Simpsonville, SC 29680

Long-Term Lease: This brand new Absolute Net lease includes a 20-year initial term with four additional 5-year renewal option periods.
Strong Rent Increases: With base rent increases of 10% every 5 years, this property offers its investors steady, long-term financial growth.
Minimal Landlord Responsibilities: Structured as an Absolute Net lease, this property gives investors the opportunity to generate stable returns with minimal landlord responsibilities.
Seasoned Healthcare Provider: The Tenant, Tribe513, is a 20 year old independent medical practice (Parkside Pediatrics, Parkside Family Medicine, Parkside OB/GYN,
Vive Psych, and Neighbors Pediatrics), consisting of 18 locations, 550+ team members, 90 physicians, and over 90,000 patients. Tribe513 has a Professional Services Agreement (PSA) with MUSC Health (sublease between Tribe513 and MUSC Affiliate Physicians). Tribe 513 and MUSC also have a 50/50 MSO joint venture called The Onyx Group (HR, Finance, Billing, IT, etc.). This new facility serves to replace and expand Parkside Pediatrics’ original Harrison Bridge Road location, where they began operations in 2018 and, due to excessive growth in demand, have outgrown the original facility.
Award Winning Healthcare Provider: For the past 9 years, Parkside Pediatrics has been voted by the community as the “Best Pediatrician Office”, highlighting their continued commitment to delivering quality patient care
State-of-the-Art Construction: This brand new, 2025 Build-to-Suit for Parkside Pediatrics features top-tier class A+ amenities for its physicians, staff, and patients. Abundant Healthcare Market Growth: The healthcare job market in South Carolina grew by 14.4% from 2019 to 2024, and it is expected to grow an additional 9.5% by 2029, demonstrating the area’s strong market fundamentals for the future of its healthcare industry.
Strong Demographics: With a 3-mile population density of ±44,000 people sporting an average household income of $124,169, this property is ideally situated for excellent patient exposure through its proximity to a large and affluent population base.
Rapidly Developing Market: Greenville, along with the Upstate of South Carolina as a whole, has gained recognition as a prime destination and rapidly growing city, attracting major employers like BMW Manufacturing, Michelin North American Headquarters, GE, Lockhead Martin, and many more.