Small Office Investment

Office for Sale
Sale Pending
Catylist Listing ID: 29893111
Property Subtypes: Business Park, Net Leased, Office Building
Status: Pending
Condo? Yes
Building Size (RSF): 959 SF
Sale Price: $136,178
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business
Building Name: Daniel Island Marina Office Complex
Class of Space: Class B
Sale Terms: Cash to Seller, Other
Cap Rate: 7.2%
Last Updated: 10/11/2018

Overview / Comments

959 Square feet office suite leased to one tenant. The entire portfolio is for sale at $135 per square foot and is listed in the MLS.

DIRECTIONS: From Mark Clark (I-526) from CHS Airport towards Mt. Pleasant. Take Exit 23B and head away from Daniel Island on Clements Ferry Road towards Huger/Mt. Pleasant. Look for and turn left on Marina Drive immediately before Longshore Boats. Drive straight on Marina Drive and Office Suites are located in the surface parking area.

Financials

Finance Data Year 2013
Net Operating Income $0 (Annual)

Additional Details

Nearest MSA: Charleston-North Charleston
County: Berkeley
Submarket/Township: 78 - Wando/Cainhoy Area
Tax ID/APN: 271-10-01-019
Is Condo?: Yes
Zoning: GC - General Commercial District
Area Description: This space is currently occupied so call for terms of the lease. Demographics are strong here for "High Society" and Urban Tapestry". Easy access to I-526 via Clement's Ferry Road.
Year Built: 2003
Interior Description: Unit D100 size: 959

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 16,541 74,741
Median Age: 34.06 36.06
Households: 6,640 29,016

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