Free Standing Building - Excellent Visibility - 8084 Rivers Ave.

Office for Sale
Catylist Listing ID: 29980320
Property Subtypes: Governmental, High-Tech, Institutional, Medical, Office Building, Research & Development, Other
Building Size (RSF): 19,934 SF
Gross Building Area: 20,352 SF
Gross Land Area: 1.74 Acres
Sale Price: $3,600,000
Unit Price: $180.60 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Building Name: Centura College
Class of Space: Class A
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/17/2018

Overview / Comments

This attractive and highly visible 20,352 SF free-standing 2 story brick office building is situated on 1.74 acres with 132 surface parking spaces. Fronting Rivers Ave accessed by Greenridge Road Extension and next to a well-known law firm. Lighted Intersection @ Greenridge Road and Rivers Ave enables easy ingress/egress. The property is seconds from the I-26 on-ramp.

Signage is highly visible from one of the most well-traveled thoroughfares in North Charleston. The property offers ample parking, nice landscaping, and perimeter lighting. 2012 Construction yields a virtually new Building in excellent condition. Elevator services the 2nd floor. Tons of Glass and natural light. Fully sprinkled, Security/Alarm system, sprinkler room, and excellent power (Eaton 150KVA 3PH 480V transformers). The building consists of a variety of different sized class rooms and/or offices. (See attached floor plans for more details) Previously the building was used as an Institution for Higher Learning. The building could serve a multitude of users. (see attached B-2 zoning) Great opportunity for Owner/Occupant or Investor. Turn Key property and priced right for an Investor! Recent appraisal in hand.

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 32 - N.Chas./Summerville outside I-526
Tax ID/APN: 484-00-00-133
Zoning: B-2 (NORTH CHARLESTON)
Property Located Between: East side of Greenridge Road Extension
Property Visibility: Excellent
Highway Access: Less than 1 mile from I-26. Rivers Avenue
Area Description: South Carolina's 3rd largest city, North Charleston offers many restaurants, shopping centers, malls, and more.
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 10,176 SF
Year Built: 2012
Roof Type: Flat
Construction/Siding: Brick
Parking Type: Surface
Total Parking Spaces: 132
Passenger Elevators: 1
Sprinklers: Wet
Heat Source: Heat Pump
Air Conditioning: Engineered System
Internet Access: Cable
Interior Description: Well thought out building. IT room is cooled by two wall units. (see pic) Sprinkler Room HVAC units on the roof (see attached HVAC plans) Nicely finished throughout
Zoning Description: Zoned B-2 in North Charleston
Water Service: Municipal
Sewer Type: Municipal
Easements: Ingress/Egress, Utilities, Other
Easements Description: see attached PDF

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,912 61,833 136,416
Median Age: 33.5 31.56 32.51
Households: 3,967 23,886 50,436
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