Large Office/Retail for Sale
Office
for Sale
Also listed as Retail-Commercial
| Catylist Listing ID: |
30385438 |
| Property Subtypes: |
Governmental, High-Tech, Institutional, Medical, Mixed Use, Office Building, Research & Development, Other
|
| Building Size (RSF): |
13,070 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
0.94 Acres
|
| Sale Price: |
$1,850,000 |
| Unit Price: |
$141.55 PSF |
| Property Use Type: |
Vacant/Owner-User |
| Class of Space: |
Class B |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
4/6/2021 |
Overview / Comments
|
Over 13,000 SF building for sale located off McMillian Avenue in one of the largest growing communities in North Charleston by Charleston’s Naval Base and Shipyard. The path for redevelopment is underway including mixed use expansion with retail, office, residential and green spaces for master plan development . McMillan Avenue will serve as an important corridor connecting Cosgrove Avenue and Rivers Avenue and will be the main gateway entrance into the new development. Property is adjacent to proposed Low Country Rapid Transit terminal. Current Tenant in place is called Discovery School which is currently operating classes and in session. Property consists of 13 classrooms, several offices, auditorium with stage, kitchen, laundry room, conference room as well as large outdoor playground area. Furniture, fixtures and equipment are negotiable for separate fee. Showings must be scheduled by Listing Agents.
|
Additional Details
| Nearest MSA: |
Charleston-North Charleston |
| County: |
Charleston |
| Submarket/Township: |
31 - N.Charleston Area inside I-526 |
| Tax ID/APN: |
469-07-00-007 |
| Property Located Between: |
Spruill Avenue and Rivers Avenue |
| Property Visibility: |
Excellent |
| Highway Access: |
I-26 |
| Area Description: |
Over the past 20 years, the City of North Charleston has experienced a steady and significant growth in population while gaining national attention for its position as a magnet for corporate business and quality of life. In addition to grossing the largest retail sales in the state of South Carolina with over 5 million square feet or retail space, the City of North Charleston has also become the target of international corporations (such as Boeing) due in large part to its pro-business philosophy. |
| Year Built: |
1990 |
| Parking Type: |
Surface |
| Parking Description: |
Parking in front and rear of property |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
10,262 |
41,968 |
135,655 |
| Median Age: |
33.98 |
34.84 |
34.15 |
| Households: |
3,939 |
15,884 |
54,557 |
|
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