Value Add Opportunity Zone Building Portfolio
Also listed as Industrial
|Catylist Listing ID:
Street Retail, Vehicle Related
|Building Size (RSF):
|Gross Building Area:
|Gross Land Area:
|Property Use Type:
Overview / Comments
Approximately 12,668 sf in 3 buildings on 0.83 acres , zoned light industrial on East Main Street in Moncks Corner. The buildings include a 7,200 sf former auto parts store. The first floor, showroom and office can be leased with minimal uplift. The front blue warehouse is 3,460 sf and leased month to month. The Back garage is split for 2 separate units, leased month to month to a single tenant. Both tenants want to stay long term, and the current gross rent is $2750 monthly, well below market. Ideal income property in the center of fast growing Moncks Corner. 3.5% cap rate. Low cap rate is due to below-market rents on existing tenants and the largest 7,200sf space is sitting vacant.
||76 - Moncks Corner/Pinopolis Area
||LI - Light Industrial District
||Charleston International Airport
|Total Number of Buildings:
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