VA/Red Cross Building

Retail-Commercial for Sale
Catylist Listing ID: 30237045
Property Subtypes: Free-Standing Building, Other
Building Size (RSF): 7,349 SF
Gross Building Area: 14,698 SF
Gross Land Area: 1.51 Acres
Sale Price: $2,950,000
Unit Price: $401.42 PSF
Property Use Type: Business
Building Name: VA/Red Cross
Usable Size (USF): 14,698 SF
Sale Terms: Cash to Seller
Cap Rate: 5.75%
Average Occupancy Rate: 100
Last Updated: 12/10/2018

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 with 2 tenants, the VA & The Red Cross. Convenient to Boeing, Charleston International Airport, Tanger Outlet, & Hotels.

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

Contact

Photograph of Listing Agent

Charles E Salmonsen

Salmonsen Realty SCCMLS Member
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