Catylist Listing ID: 30381017
Property Subtypes: Executive Suites, Governmental, High-Tech, Institutional, Medical, Office Building, Research & Development
Condo? Yes
Building Size (RSF): 5,337 SF
Gross Building Area: See Agent
Sale Price: $2,099,000
Ceiling: 10 ft.
Property Use Type: Net Leased Investment (NNN), Investment, Business
Building Name: Wappoo Centre
Class of Space: Class A
Usable Size (USF): 5,337 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/30/2020

Overview / Comments

Located in the Wappoo Creek Office Building, the property consist of the assemblage of five (5) individual office condominium units that contain a total of 5,337 square feet (including the lobby area and common areas on the fourth floor) on the fourth floor. Each unit is approximately 1,000 square feet. This location offers easy access to West Ashley and the City peninsula.

The current Tenant lease expires September 30, 2020, with a one year option.

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 21 - James Island
Taxing Authority: Charleston County
Tax ID/APN: 424-01-00-118 thru 122
Is Condo?: Yes
Zoning: GB - General Business
Property Located Between: Off Maybank Hwy on Wappoo Creek Drive
Highway Access: Maybank Hwy
Airports: Charleston International
Site Description: The Wappoo Centre building is the largest free-standing office building on James Island. The building is a six-story office building containing over 30,000 square feet overlooking Wappoo Creek. The building is divided into numerous individual office condominium units.
Area Description: Busy James Island corridor. Banks, lawyer offices, dentist, shopping center with multiple services, restaurants and growing number of housing units all convenient to site
Total Number of Buildings: 1
Number of Stories: 6
Typical SF / Floor: 5,000 SF
Year Built: 1986
Roof Type: Flat
Construction/Siding: Concrete, Steel Frame, Stucco
Exterior Description: Foundation: Concrete Slab Exterior Walls: Stucco Roof: Built-Up Roof HVAC- Roof Mounted
Parking Type: Surface
Total Parking Spaces: 120
Passenger Elevators: 2
Sprinklers: None
Heat Type: Electricity
Heat Source: Other
Air Conditioning: Other
Internet Access: Other
Interior Description: Interior consist of sheet-rock walls, carpet flooring, drop acoustical tile and exposed ceilings. Lighting includes florescent, canned and decorative fixtures.
Zoning Description: GB
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,439 75,299 124,281
Median Age: 36.14 34.43 36.38
Households: 4,106 32,358 53,877

Contact

Photograph of Listing Agent

Aubry G Alexander

Urban Core Realty, LLC SCCMLS Member
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