Coleman Blvd. Office & Residual Land Redevelopment Opportunity

Retail-Commercial for Sale
Catylist Listing ID: 30770151
Property Subtypes: Free-Standing Building, Retail-Pad, Other
Building Size (RSF): 5,900 SF
Gross Land Area: 0.56 Acres
Sale Price: $3,029,350
Unit Price: $513.45 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Sale Terms: Cash to Seller
Cap Rate: 4.65%
Last Updated: 11/29/2021

Overview / Comments

Oswald Cooke & Associates is pleased to offer 409 Coleman Boulevard in Mount Pleasant, SC for sale. The offering includes 3 parcels that total .56 acres and a 5,900 SF office building with 25 parking spaces. The fully leased building has multiple tenants. Please contact Benjy Cooke for more information.

Mount Pleasant is home to the highest income, education and housing demographics in the greater Charleston market. The subject site is located along the coveted Coleman Boulevard corridor between Shem Creek and Interstate 526. Tenants within a mile include Wells Fargo, GDC Interiors, Half Moon Outfitters, Pages Okra Grill, Oops, Bank of America, Dunkin Donuts, Taco Bell and many more. The building is within walking distance of the Old Village Historic District, a charming area to go on walks. The Waterfront Park is a short drive and is ideal to go for a walk, bike ride, lunch and more.

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 42 - Mt.Pleasant South of IOP Connector
Tax ID/APN: 532-01-00-145, 532-01-00-144
Zoning: OTHER
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Excellent
Year Built: 1983
Year Renovated: 2017
Zoning Description: A-B (Boulevard Overlay)

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,699 37,159 99,955
Median Age: 41.33 41.21 37.64
Households: 3,874 16,676 42,571

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