311 Powerhouse Road

Industrial for Sale
Catylist Listing ID: 30733430
Property Subtypes: Net Leased
Building Size (RSF): 31,904 SF
Gross Building Area: See Agent
Sale Price: $2,850,000
Unit Price: $89.33 PSF
Ceiling: 21 ft. / 17 ft. Clear
Docks/Doors: 3 Docks, 5 Doors
Office SF: 2,000 SF
Drive In Bays: 2 Bays
In Opportunity Zone? Yes
Property Use Type: Net Leased Investment (NNN), Investment
Sale Terms: Sale/Leaseback
Cap Rate: Undisclosed
Last Updated: 9/19/2021

Overview / Comments

Terrific opportunity to purchase an Industrial asset located in the path of progress with existing income in place, and the opportunity for expansion of the building or new development on the residual land.

Additional Details

Nearest MSA: Charleston-North Charleston
County: Berkeley
Submarket/Township: 75 - Rural: Cross/St.Stephens/Bonneau
Tax ID/APN: 1030003049
Zoning: HI - Heavy Industrial District
Site Description: 10 plus acre track with an existing building and tenant with long occupancy history. The Seller is also the tenant. The tenant has offered to lease the space back in the $6.000 PSF range.
Area Description: Located off WHY 52 in booming Moncks corner
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 300,000 SF
Property Condition: Average
Year Built: 1980
Year Renovated: 2018
Construction/Siding: Metal Siding
Parking Type: Surface
Parking Description: Ample on site parking as well as room for further expansion
Eave Height: 16
Column Spacing: 50 x25
Sprinklers: None
Lighting: Metal Halide
Internet Access: Fiber Optic
Water Service: Well
Sewer Type: Septic

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,064 5,087 14,719
Median Age: 42.81 40.07 38.94
Households: 411 1,908 5,545
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