NEW Flex Space Office/Industrial

Industrial for Sale
Also listed as Office
Catylist Listing ID: 30344166
Property Subtypes: Flex Space
Building Status: Under Construction
Building Size (RSF): 2,400 SF
Gross Land Area: 0.22 Acres
Sale Price: $525,000
Unit Price: $218.75 PSF
Ceiling: 16 ft.
Docks/Doors: 1 Door
Drive In Bays: 1 Bay
Property Use Type: Net Leased Investment (NNN)
Building Name: Dorchester Road NEW Flex Space
Usable Size (USF): 2,400 SF
Sale Terms: Cash to Seller
Cap Rate: 6.86%
Last Updated: 4/23/2019

Overview / Comments

CONSTRUCTION COMPLETED, this attractive office/flex space is in the heart of the Dorchester Road area of revitalization! Proximity to I-26, I-526, Charleston International Airport, Tanger Outlet Mall, the Leatherman Port development, North Charleston City Hall and the Charleston County Government complex; this is an incredible location for almost any type of business. Located between King Bean Coffee and Holy City Brewing, this property offers multiple time-saving routes to Downtown, Mount Pleasant, West Ashley and all points North.

A stand alone building of approximately 2400 SF, it's currently set up for a single tenant, featuring a small office, 2 restrooms, and open warehouse with drive in door. It could easily be configured for two tenants, the developer will also consider finishing the interior to suit the buyer as a separate agreement.

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 31 - N.Charleston Area inside I-526
Taxing Authority: Charleston County
Tax ID/APN: 411-14-00-073
Property Located Between: I-26 and I-526
Highway Access: Frontage on Dorchester Road, with access to I-26 and I-526 within minutes.
Airports: Charleston International
Site Description: Property is a hard corner on main thoroughfare located between two Interstate highways.
Area Description: Vibrant, growing area with development, building and renovation going on everywhere.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 2,400 SF
Property Condition: Excellent
Year Built: 2018
Roof Type: Other
Construction/Siding: Steel Frame
Exterior Description: Pre-finished steel siding and trim, minimal maintenance exterior.
Parking Ratio: 3.5 (per 1000 SF)
Parking Type: Surface
Parking Description: Surface, on premise.
Total Parking Spaces: 8
Eave Height: 14
Column Spacing: N/A
Overhead Cranes: Undisclosed
Sprinklers: None
Amps: 200
Heat Type: Electricity
Heat Source: Heat Pump
Air Conditioning: Package Unit
Lighting: Fluorescent
Interior Description: Finished and conditioned office and restrooms. Unfinished but insulated warehouse.
Zoning Description: B-2 General Business District
Lot Frontage: 120 approx
Lot Depth: 80 approx
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,937 55,787 149,942
Median Age: 34.42 36.08 33.99
Households: 2,528 22,703 61,484
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