8887 Old University Blvd
Office
for Sale
Catylist Listing ID: |
30716532 |
Property Subtypes: |
Office Building
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Building Size (RSF): |
8,898 SF
|
Gross Building Area: |
See Agent |
Gross Land Area: |
0.73 Acres
|
Sale Price: |
$2,400,000 |
Unit Price: |
$269.72 PSF |
Property Use Type: |
Investment, Vacant/Owner-User |
Class of Space: |
Class A |
Sale Terms: |
Cash to Seller |
Cap Rate: |
Undisclosed |
Last Updated: |
4/16/2021 |
Overview / Comments
This highly visible, well-constructed office building is located on University Blvd, travelled by 43,700 vehicles per day. The property is occupied by long-term tenants and The HUB, a co-working environment specializing in executive office spaces.
The property’s flexibility makes it suitable for an investment acquisition or an owner-occupant who would enjoy added income. Removable glass panel inserts create flexibility in the functionality of the space.
Floorplan virtual tour is available as an attachment. Live tours must be scheduled with listing company at least 24-hours in advance. Do not disturb tenants.
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Additional Details
Nearest MSA: |
Charleston-North Charleston |
County: |
Charleston |
Submarket/Township: |
32 - N.Chas./Summerville outside I-526 |
Tax ID/APN: |
4861100011 |
Zoning: |
OTHER |
Highway Access: |
easily accessible to Hwy 78/University Blvd & Hwy 52/Rivers Ave |
Airports: |
Charleston International Airport |
Area Description: |
Centrally located, access to neighboring regions of the Charleston MSA is convenient; with West Ashley, Mount Pleasant, Daniel Island, Summerville, Goose Creek and Moncks Corner all accessible within 30 minutes. Downtown Charleston and Charleston International Airport are just 15 minutes away, and the site is less one and a half miles from I-26, Trident Medical Center and Charleston Southern University. Convenient restaurants abound for lunch hour with the Rivers Avenue corridor quickly accessible. |
Year Built: |
2019 |
Parking Description: |
36 parking spaces (which includes 4 handicapped spaces) |
Total Parking Spaces: |
36 |
Zoning Description: |
ON – Office Neighborhood |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
8,268 |
71,946 |
160,200 |
Median Age: |
29.99 |
32.76 |
32.48 |
Households: |
3,240 |
27,070 |
58,791 |
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