100% Occ Tanger Outlet Class A - Amenities and easy lease!

Office for Sale
Sale Pending
Catylist Listing ID: 30524268
Property Subtypes: Office Building
Status: Pending
Building Size (RSF): 42,046 SF
Gross Building Area: See Agent
Sale Price: $12,500,000
Unit Price: $297.29 PSF
Property Use Type: Investment
Class of Space: Class A
Sale Terms: Cash to Seller
Cap Rate: 8.26%
Average Occupancy Rate: 100
Last Updated: 7/22/2021

Overview / Comments

See OM and below for more info.

4969 Centre Pointe Drive is a 42,046 square foot Class A office building located near the intersection of Interstates 526 and 26 in Centre Pointe, a mixed-use commercial hub containing over 1 million square feet. Centre Pointe is anchored by Walmart, Sam’s Club, Tanger Outlets, Ashley Furniture, Staples, Field & Stream, Polo, Old Navy, Saks off Fifth, Under Armour, and numerous other top-tier retailers. Within a three mile radius of 4969 Centre Pointe Drive are 2,980 businesses, 46,923 daytime employees, and over $414 million in annual consumer spending.

Available to purchase as part of a portfolio with 1671 Belle Isle Avenue in Mount Pleasant. Combined asking is $24,500,000.

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 31 - N.Charleston Area inside I-526
Tax ID/APN: 4000000124
Property Visibility: Excellent
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 21,021 SF
Year Built: 2007
Year Renovated: 2019
Sprinklers: Wet
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Fiber Optic
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: 5,630 55,045 134,363
Median Age: 31.99 33.98 34.43
Households: 2,107 20,713 53,756

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