Fully Leased Long Term Investment - Zero Landlord Responsibilities
|Catylist Listing ID:
Net Leased, Office Building
|Building Size (RSF):
|Gross Building Area:
|Property Use Type:
||Net Leased Investment (NNN), Investment
|Class of Space:
||Cash to Seller
Overview / Comments
A fully leased 16,000 SF freestanding office building located just 1 mile south of Trident Tech with road frontage and a pylon sign on busy Rivers Ave. Upon closing a newly extended master lease with 10 years of term and 2.5% annual increases will be executed with zero Landlord responsibilities. Tenant is responsible for all taxes, insurance, maintenance, etc. This is a perfect no headache property to add to your portfolio. Current NOI will be $159,900 from master lease. This property has a much higher future income potential.
Tenant is Charleston Executive Offices holding a master lease that operates the entire premises and offers different size offices, suites, conference rooms, and other like amenities to companies and individuals that range in a multitude of professional industries from law firms to accountant offices.
||32 - N.Chas./Summerville outside I-526
|Total Number of Buildings:
|Number of Stories:
|Total Parking Spaces:
© Copyright 2001-2019 Catylist. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither South Carolina Statewide Commercial MLS nor
Catylist Real Estate Software, Inc. assume any liability for errors or omissions.