Premium Office Suites in Park West

Office for Sale
Catylist Listing ID: 30594857
Property Subtypes: Executive Suites, Mixed Use, Flex Space
Building Size (RSF): 2,512 SF
Sale Price: $849,500
Unit Price: $338.18 PSF
Property Use Type: Investment
Class of Space: Class A
Sale Terms: Cash to Seller
Cap Rate: 4.5%
Average Occupancy Rate: 100
Last Updated: 8/2/2020

Overview / Comments

This offer for sale incorporates two tax ID numbers 5980000395 (unit 200 1174 sq ft) and 5980000396 (unit 201 1338 sq ft) = 2512 total sq ft.

Elegant high-grade construction will all brick surround at premium Mt. Pleasant location within walking distance to additional commercial, shopping and educational outlets. Increased interior wall insulation for maximum privacy and muted office surroundings. Multi-phone extension system for singular tenant and office usage and multiple outdoor dedicated and secured patio systems. Shared updated kitchen facilities within both units and multi-shared parking setting to accommodate high commercial traffic and multiple tenants.

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 41 - Mt.Pleasant North of IOP Connector
Tax ID/APN: 598-00-00-396
Highway Access: Hwy 17 North to main entrance into Park West subdivision.
Airports: LRO; CHS
Site Description: Second floor office suites in excellent building built in 2011.
Area Description: Office suites in Park West subdivision one of the fastest growing neighborhoods within the fastest growing residential/commercial/retail districts (Mt. Pleasant, SC) of the larger Charleston, SC MSA. Excellent public school systems and close to beaches at Isle of Palms and Sullivan's Island.
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 2011
Construction/Siding: Brick
Parking Type: Surface
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Package Unit
Part of Planned Development?: Yes
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,429 27,575 49,212
Median Age: 33.99 38.64 39.19
Households: 1,940 9,967 19,440
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