Office for Sale
Sale Pending/Contingent
Catylist Listing ID: 30388246
Property Subtypes: Office Building
Status: Pending/Contingent
Building Size (RSF): 12,034 SF
Gross Building Area: See Agent
Gross Land Area: 0.28 Acres
Sale Price: $3,100,000
Unit Price: $257.60 PSF
Property Use Type: Investment, Vacant/Owner-User
Class of Space: Class A
Sale Terms: Cash to Seller
Cap Rate: 7.15%
Last Updated: 3/21/2019

Overview / Comments

- Located on prestigious Daniel Island, SC
- Class A office building
- Quintessential low country architecture
- Elevator served
- 33 parking spaces around the building (cross parking)
- Fully leased, Palmetto Surety Corp. moving out 1st Q 2020, owner occupant or investor opportunity
- 2019 Net Income: $221,704

Attachments & Media

Additional Details

Nearest MSA: Charleston-North Charleston
County: Berkeley
Submarket/Township: 77 - Daniel Island
Tax ID/APN: 275-00-00-161
Property Visibility: Excellent
Highway Access: Exit 24 off of I-526.
Site Description: 109 River Landing Drive is located at the end of River Landing Drive on Daniel Island close to the Daniel Island Sales Center.
Area Description: Within proximity to the downtown area of Daniel Island which has multiple restaurants, banks and retail businesses including a Publix grocery store.
Total Number of Buildings: 1
Number of Stories: 4
Year Built: 2004
Parking Type: Surface
Total Parking Spaces: 33
Zoning Description: DI-TC: Daniel Island Town Center
Part of Planned Development?: Yes

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 22,491 101,474
Median Age: 39.02 36.05
Households: 8,981 41,526
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