VA/Red Cross Building

Retail-Commercial for Sale
Catylist Listing ID: 30237045
Property Subtypes: Free-Standing Building, Other
Building Size (RSF): 14,698 SF
Gross Land Area: 1.51 Acres
Sale Price: $2,950,000
Unit Price: $200.71 PSF
Property Use Type: Business
Building Name: VA/Red Cross
Usable Size (USF): 14,698 SF
Sale Terms: Cash to Seller
Cap Rate: 7.0%
Average Occupancy Rate: 100
Last Updated: 11/16/2020

Overview / Comments

Relatively new office building located in the heart of North Charleston, directly in front of the City Hall of North Charleston. Building consists 14,698 sqft (as per Charleston County public records) with 2 tenants, the VA & The Red Cross. Convenient to Boeing, Charleston International Airport, Tanger Outlet, & Hotels.

Attachments & Media

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 31 - N.Charleston Area inside I-526
Taxing Authority: City of North Charleston/Charleston County
Tax ID/APN: 472-15-00-001
Zoning: OTHER
Retail Clientele: Business
Property Located Between: Mall Drive & East Montague Ave
Property Visibility: Excellent
Largest Nearby Street: Mall Drive & I-26
Highway Access: I-26, East Montague Ave, Mall Dr
Airports: Charleston International Airport
Site Description: 60+ parking spaces, level at grade.
Area Description: Located in the heart of North Charleston. Doesn't get any better than this for accessibility & visibility. Relatively newer building with long term tenants, with possible lease options.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 14,698 SF
Property Condition: Good
Year Built: 2013
Roof Type: Flat
Construction/Siding: Block, Stucco
Exterior Description: Block/Stucco with flat & some metal roofing.
Parking Type: Surface
Parking Description: 1 per every 250sqft
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable
Interior Description: Carpeted floors, tile ceiling, sheetrock walls.
Zoning Description: CO2, General Office
Lot Frontage: 250' +/-
Lot Depth: 275' +/-
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Mall Drive LLC
Legal Description: Lot LL-4 Parcek E

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,439 54,529 122,716
Median Age: 30.86 33.82 34.5
Households: 2,051 20,452 48,959


Photograph of Listing Agent

Charles E Salmonsen

Salmonsen Realty SCCMLS Member
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