Modern, Turnkey Office Space
Office
for Lease
Also listed as Retail-Commercial
| Catylist Listing ID: |
30618963 |
| Property Subtypes: |
Executive Suites, Governmental, High-Tech, Mixed Use, Flex Space, Office Building, Research & Development, Other
|
| Contiguous Space: |
1,027 - 10,218 SF |
| Total Available: |
30,480 SF |
| Gross Building Area: |
10,218 SF |
| Gross Land Area: |
0.17 Acres
|
| Lease Rate: |
$25 - 30 PSF (Annual)
|
| Base Monthly Rent: |
$21,287 - 25,545 |
| Lease Types: |
Modified Gross, NNN |
| In Opportunity Zone? |
Yes |
| Building Name: |
394 Meeting Street |
| Class of Space: |
Class B |
| Usable Size (USF): |
10,218 SF |
| Last Updated: |
8/3/2020 |
Overview / Comments
|
Listing Agent has ownership interest in property. Modern, turnkey office space on Meeting Street available. Located in Opportunity Zone. The opportunity to lease either the whole building or either floor exists, with potential further subdivision options available. A ground floor suite facing Meeting Street is also available. The space was renovated in 2008 for the outgoing tenant, with several glass offices, multiple large conference rooms, wide bullpen areas, and break rooms throughout the contemporary space. Building has been updated in 2019 with new carpet, new breakroom/kitchenette, LED lighting, new paint and polished concrete floors. The property is in the midst of many new residential and hospitality projects, with several exciting mixed-use developments in the planning stages nearby. This location is perfect for any tenant who wants to be part of the burgeoning growth in Downtown Charleston.
|
|
Suite: 1
|
10,218 SF
|
$25 - 30 PSF (Annual)
NNN,Modified Gross
|
| Space Available: |
10,218 SF |
| Minimum Divisible: |
1,027 SF |
| Lease Rate: |
$25 - 30 PSF (Annual)
$21,287 - 25,545 (Monthly)
|
| Lease Type: |
NNN,Modified Gross |
| Space Description: |
Entire building can be leased to one tenant or each floor can be leased individually. Four upstairs suites can be leased individually or in combination with other spaces. First floor retail suite facing Meeting Street can also be leased separately or with other suites in the building. |
| Date Available: |
6/10/2020 |
| Space Type: |
Relet |
| Conference Rooms: |
2 |
| Offices |
19 |
| Kitchen |
Yes |
| Parking Spaces |
7 |
| Operating Expenses |
$6.27 PSF (Annual) |
| Rent Escalators |
Other |
| Rent Escalators Description |
Increase over base year expenses passed through to Tenant on a pro-rata basis. |
| Rent Concession |
To be determined by underwriting based on Tenant's financials and Lease Terms |
|
Suite: 1A
|
1,228 SF
|
$30 PSF (Annual)
Modified Gross
|
| Level/Floor: |
First Floor Meeting Street Frontage |
| Space Available: |
1,228 SF |
| Lease Rate: |
$30 PSF (Annual)
$3,070 (Monthly)
|
| Lease Type: |
Modified Gross |
| Date Available: |
6/10/2020 |
| Space Type: |
Relet |
| Rent Escalators |
Other |
|
Suite: 1B
|
4,018 SF
|
$26 - 28 PSF (Annual)
Modified Gross
|
| Space Available: |
4,018 SF |
| Max Contiguous: |
5,068 SF |
| Lease Rate: |
$26 - 28 PSF (Annual)
$8,705 - 9,375 (Monthly)
|
| Lease Type: |
Modified Gross |
| Date Available: |
6/10/2020 |
| Space Type: |
Relet |
| Kitchen |
Yes |
| Rent Escalators |
Other |
|
Suite: 2A
|
1,693 SF
|
$28 PSF (Annual)
Modified Gross
|
| Level/Floor: |
Second |
| Space Available: |
1,693 SF |
| Lease Rate: |
$28 PSF (Annual)
$3,950 (Monthly)
|
| Lease Type: |
Modified Gross |
| Date Available: |
6/10/2020 |
| Space Type: |
Relet |
| Kitchen |
Yes |
| Rent Escalators |
Other |
|
Suite: 2B
|
1,027 SF
|
$28 PSF (Annual)
Modified Gross
|
| Level/Floor: |
Second Floor |
| Space Available: |
1,027 SF |
| Lease Rate: |
$28 PSF (Annual)
$2,396 (Monthly)
|
| Lease Type: |
Modified Gross |
| Date Available: |
6/10/2020 |
| Space Type: |
Relet |
| Kitchen |
Yes |
| Rent Escalators |
Other |
|
Suite: 2C
|
1,063 SF
|
$28 PSF (Annual)
Modified Gross
|
| Space Available: |
1,063 SF |
| Lease Rate: |
$28 PSF (Annual)
$2,480 (Monthly)
|
| Lease Type: |
Modified Gross |
| Date Available: |
6/10/2020 |
| Space Type: |
Relet |
| Rent Escalators |
Other |
|
Suite: 2D
|
1,164 SF
|
$28 PSF (Annual)
Modified Gross
|
| Level/Floor: |
Second Floor |
| Space Available: |
1,164 SF |
| Lease Rate: |
$28 PSF (Annual)
$2,716 (Monthly)
|
| Lease Type: |
Modified Gross |
| Date Available: |
6/10/2020 |
| Space Type: |
Relet |
| Rent Escalators |
Other |
| Space Available: |
5,068 SF |
| Minimum Divisible: |
1,228 SF |
| Lease Rate: |
$26 - 30 PSF (Annual)
$10,980 - 12,670 (Monthly)
|
| Lease Type: |
Modified Gross |
| Date Available: |
6/10/2020 |
| Space Type: |
Relet |
| Kitchen |
Yes |
| Parking Spaces |
7 |
| Rent Escalators |
Other |
| Rent Escalators Description |
Tenant responsible for increases over base year for operating expenses, taxes and insurance. |
| Rent Concession |
based on credit underwriting of tenant and lease terms |
| Space Available: |
5,001 SF |
| Minimum Divisible: |
1,063 SF |
| Lease Rate: |
$26 - 28 PSF (Annual)
$10,835 - 11,669 (Monthly)
|
| Lease Type: |
Modified Gross |
| Date Available: |
6/10/2020 |
| Space Type: |
Relet |
| Kitchen |
Yes |
| Parking Spaces |
7 |
| Rent Escalators |
Other |
| Rent Escalators Description |
Tenant responsible for increases over base year for operating expenses, taxes and insurance. |
| Rent Concession |
based on credit underwriting of tenant and lease terms |
Additional Details
| Nearest MSA: |
Charleston-North Charleston |
| County: |
Charleston |
| Submarket/Township: |
51 - Peninsula Chas. inside of crosstown |
| Tax ID/APN: |
459-09-03-105 |
| Zoning: |
GB - General Business |
| Property Located Between: |
Mary Street and Reid Street |
| Property Visibility: |
Excellent |
| Highway Access: |
Easy access to I-26 and Highway 17 |
| Airports: |
CHS |
| Site Description: |
.17 acres of improvements and 7 parking spaces |
| Area Description: |
Historic District, Upper King area, Opportunity Zone |
| Total Number of Buildings: |
1 |
| Number of Stories: |
2 |
| Typical SF / Floor: |
5,109 SF |
| Year Built: |
1950 |
| Year Renovated: |
2018 |
| Roof Type: |
Flat |
| Construction/Siding: |
Brick |
| Exterior Description: |
Masonry |
| Parking Type: |
Surface |
| Parking Description: |
Approximately 7 spaces located at rear of building |
| Total Parking Spaces: |
7 |
| Sprinklers: |
None |
| Internet Access: |
Cable, DSL, ISDN, T1/T3, Fiber Optic |
| Interior Description: |
Modern, turnkey retail and office space with prime visibility on Meeting Street. Glass offices, multiple large conference rooms, wide bullpen areas, breakrooms throughout this contemporary space. Nineteen individual offices, 5 break areas, four restrooms, loading dock with seven parking spaces, gated and secured. |
| Zoning Description: |
General Business in the City of Charleston |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
22,079 |
55,690 |
135,743 |
| Median Age: |
28.61 |
33.84 |
36.6 |
| Households: |
9,218 |
23,506 |
56,655 |
|
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