Dorchester Road +/- 41,714 SF Flex Space - 100% Occupied

Industrial for Sale
Catylist Listing ID: 30357385
Property Subtypes: Flex Space, Free-Standing, Industrial-Business Park, Light Industrial, Office Showroom, Warehouse/Distribution, Other
Building Size (RSF): 41,714 SF
Gross Building Area: See Agent
Gross Land Area: 2.22 Acres
Sale Price: $2,325,000
Unit Price: $55.74 PSF
Ceiling: 22 ft. Clear
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/11/2019

Overview / Comments

Two (2) separate parcels, each improved with one (1) free standing metal warehouse/flex space, both 100% occupied.

8300 Dorchester Road (TMS# 181-00-00-002) +/- 19,604 SF
8302 Dorchester Road (TMS# 181-00-00-097) +/- 22,110 SF.

Both properties zoned General Commercial on approximately 2.22 total acres. Vacant land in front of 8300 Dorchester Road (fronting Dorchester Road and not included in the approximately 2.22 acres), currently used to advertise playground equipment, is not included in the offering but Seller will sell.

8302 Dorchester Road is a single tenant flex space with approximately 1,726 SF of office and 20,384 SF of warehouse. Built in 2004. Eave height/clear height in Catylist is for 8302 Dorchester Road. Warehouse has two (2) dock high doors and one (1) drive in door. Space is occupied through 12/31/20. Building has 3 phase-Delta power.

8300 Dorchester Road is a multi tenant flex space with 6 suites in approximately 19,604 SF. Suite layouts are in attached property brochure. Built in 1978. Building has 3 phase-Wye power.

Suite A - ground floor flex space - leased
Suite B - ground floor flex space - leased
Suite C - ground floor flex space - leased
Suite D - ground floor flex space - leased
Suite E - ground floor flex space - leased
Suite F - second floor flex space - (almost entirely office) - Owner Occupied

Additional information available in attached property brochure.

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Tax ID/APN: 181-00-00-097 & 181-00-00-002
Zoning: GB - General Business
Property Located Between: Ashley Phosphate & Patriot Blvd
Highway Access: I-26 & I-526
Airports: Charleston International Airport
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 2
Year Built: 2004
Parking Type: Surface
Eave Height: 24
Sprinklers: None

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,246 44,324 124,734
Median Age: 34.58 32.97 32.88
Households: 3,809 16,869 47,056


Photograph of Listing Agent

Brett M Rashtchian

RE/MAX Pro Realty SCCMLS Member
Photograph of Listing Agent

Robert L Pratt

RE/MAX Pro Realty SCCMLS Member
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