Freestanding Office For Sale

Office for Sale
Catylist Listing ID: 30819082
Property Subtypes: High-Tech, Office Building
Building Size (RSF): 3,300 SF
Gross Building Area: See Agent
Sale Price: $1,650,000
Unit Price: $500 PSF
In Opportunity Zone? Yes
Property Use Type: Net Leased Investment (NNN), Investment
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: 6.0%
Last Updated: 12/1/2022

Overview / Comments

Great opportunity to own a freestanding building in the Upper Peninsula submarket. The building is leased to The Wonderer, whose lease expires in April of 2025. $99,000/year NNN with 3% annual increases.

The building was recently completely renovated and has multiple private offices, two conference rooms, a break room and large bullpen area. Parking is on-site.

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 52 - Peninsula Chas. outside of crosstown
Tax ID/APN: 464-06-00-007
Property Visibility: Excellent
Year Built: 1980
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,024 59,252 141,165
Median Age: 35.3 33.21 35.64
Households: 1,641 23,628 59,041

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