8887 Old University Blvd

Office for Sale
Catylist Listing ID: 30716532
Property Subtypes: Office Building
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.

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

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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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