4230 & 4075 Faber Place Drive

Office for Sale
Catylist Listing ID: 30138766
Property Subtypes: Business Park, Governmental, High-Tech, Institutional, Net Leased, Office Building
Building Size (RSF): 33,250 SF
Gross Building Area: See Agent
Gross Land Area: 3.55 Acres
Sale Price: $6,250,000
Unit Price: $187.97 PSF
Property Use Type: Investment
Class of Space: Class A
Sale Terms: Cash to Seller
Cap Rate: 7.0%
Last Updated: 11/15/2018

Overview / Comments

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CBRE is pleased to offer for sale this 33,250-square-foot, Class-A office building located at 4230 Faber Place Drive in North Charleston, South Carolina. This singe-story two-tenant building, built in 1996, includes 3.55 acres within the Executive Park at Faber Place, Charleston’s largest office park and the only Class-A suburban office park in the submarket. Faber Executive Park is centrally located at the intersection of I-526 and Leeds Avenue, on the Ashley River, minutes from I-26 and the Charleston International Airport. The building’s quiet setting, with easy access to I-526 (Mark Clark Expressway) gives the tenant a nice comfortable place to work away from the busy streets of Charleston. 4230 Faber Place also offers above average, dedicated on-site parking and is in close proximity to numerous area amenities.

4075 Faber Place is also included with this sale. It is a 0.91 acre lot with a functioning media tower. Cumulus Media is currently the sole tenant of the tower, but there is additional space available for rent.

NO BUYER BROKER FEE OFFERED BY SELLER

Attachments & Media

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 32 - N.Chas./Summerville outside I-526
Submarket Type: Suburban
Tax ID/APN: 410-00-00-077
Property Visibility: Good
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 33,250 SF
Year Built: 1996
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,353 65,162 150,230
Median Age: 37.04 35.82 35.13
Households: 2,178 27,183 62,208

Contact

Photograph of Listing Agent

Chip B Shealy, Jr

CBRE, Inc SCCMLS Member
Photograph of Listing Agent

Charles S Carmody

CBRE, Inc SCCMLS Member
Photograph of Listing Agent

Chris L Tamsberg

CBRE, Inc SCCMLS Member
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