100% Occ Class A office 50% long term GSA

Office for Sale
Catylist Listing ID: 30524273
Property Subtypes: Office Building
Building Size (RSF): 36,999 SF
Gross Building Area: See Agent
Sale Price: $12,250,000
Unit Price: $331.09 PSF
Property Use Type: Investment
Class of Space: Class A
Sale Terms: Cash to Seller
Cap Rate: 7.6%
Average Occupancy Rate: 100
Last Updated: 4/14/2021

Overview / Comments

See OM and below for more info. Will respond to all inquiries in under 5 min!

1671 Belle Isle Avenue is a 36,999 square foot Class A office building located in the Mount Pleasant submarket in the Belle Hall mixed-use development which contains approximately 300,000 square feet of open air retail, 400 multifamily units and 80,000 square feet of office space. It is located at the intersection of I-526 and Long Point Road. Within a three mile radius of 1671 Belle Isle Avenue are 3,057 businesses, 24,296 daytime employees, and over $648 million in annual consumer spending.

Available for purchase with 4969 Centre Pointe Drive in North Charleston.

Combined asking of both $24,450,000.

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 42 - Mt.Pleasant South of IOP Connector
Tax ID/APN: 5400000111
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 18,500 SF
Year Built: 2007
Passenger Elevators: 1
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: 3,652 41,545 98,146
Median Age: 38.92 40.39 37.87
Households: 1,589 17,582 39,860

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