Catylist ID: #29893105
DANIEL ISLAND MARINA
Office for Sale
|Catylist Listing ID:||29893105|
|Property Subtypes:||Business Park, Net Leased, Office Building|
|Building Size (RSF):||6,824 SF|
|Unit Price:||$135 PSF|
|Property Use Type:||Net Leased Investment (NNN), Investment, Business|
|Building Name:||Daniel Island Marina Office Complex|
|Class of Space:||Class B|
|Sale Terms:||Cash to Seller, Other|
Overview / Comments
Updated. This is an investment portfolio consisting of 8 units. Potential Rental Income Fully Occupied is an 8.2% CAP RATE. At current occupancy, the Net Operating Income provides a 7.0% CAP RATE. Keep Existing Management or replace with your own. Call now for tours and further information. A detailed rent roll, pro forma and floor plans are available upon request.
A phenomenal location in close proximity to 526 Clements Ferry and Highway 41, makes this a portfolio that leases well and is well run by local management. The tenants are seasoned and many have multiple options to renew. ERSI area demographics segment "High Society" and "Upscale Avenues" as abundant in this area. The Marina allows pedestrian use of the boardwalks, seating areas and cafe for lunch or breaks away from the office. Please do not approach Tenants or property without an appointment.
DIRECTIONS: Follow I-526 E to Clements Ferry Rd/State Rd S-8-33 in Charleston. Take exit 23B from I-526 E. Continue on Clements Ferry Rd/State Rd S-8-33. Drive to Marina Dr. Look for Building Address once in Parking Lot.
LEASE INFO: A DETAILED RENT ROLL IS AVAILABLE UPON REQUEST.
TENANT INFO: VARIOUS TENANTS. ALL TENANT INFORMATION WILL BE DISCLOSED.
Attachments & Media
|Nearest MSA:||Charleston-North Charleston|
|Submarket/Township:||78 - Wando/Cainhoy Area|
|Zoning:||GC - General Commercial District|
|Highway Access:||Close to I-526. DIRECTIONS: Follow I-526 E to Clements Ferry Rd/State Rd S-8-33 in Charleston. Take exit 23B from I-526 E. Continue on Clements Ferry Rd/State Rd S-8-33. Drive to Marina Dr. Look for Building Address once in Parking Lot.|
|Area Description:||Close proximity to I-526 at Clements Ferry Road.|
|Total Number of Buildings:||2|
|Number of Stories:||2|
|Proximity:||3 miles||5 miles|
David H SeaySeay Development, LLC SCCMLS Member
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