Commercial Investment Opportunity

Office for Sale
Catylist Listing ID: 30734037
Property Subtypes: Medical, Office Building
Building Size (RSF): 5,022 SF
Gross Building Area: See Agent
Gross Land Area: 0.64 Acres
Sale Price: $599,999
Unit Price: $119.47 PSF
Property Use Type: Investment
Class of Space: Class A
Sale Terms: Other
Cap Rate: 8.0%
Average Occupancy Rate: 100
Last Updated: 5/17/2022

Overview / Comments

Check out this Investment Opportunity that awaits. This unique property offers 2 existing tenants that have a history of being stable. Investor return could be within 10 years of Purchase with this history of good standing Occupancy. Located within minutes of I-95 this location is ideal for anyone. Offering a corner lot, two leases that will transfer with sale, abundance of parking, road frontage, and over 5,000 sq ft of heated and cooled space. This building has two separate entrances allowing the space to hold two tenants at all times.

Additional Details

Nearest MSA: Charleston-North Charleston
County: Colleton
Submarket/Township: 82 - Colleton County
Tax ID/APN: 163-00-00-012.000
Property Located Between: Jefferies hwy ( hwy 15) and Bells Hwy
Property Visibility: Excellent
Highway Access: Cut thru from Bells hwy to Jefferies Hwy.
Airports: Lowcountry Regional airport
Site Description: Area is surrounded by several offices and businesses
Area Description: High traffic area
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1995
Roof Type: Other
Construction/Siding: Brick
Total Parking Spaces: 24

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,975 9,830 16,824
Median Age: 39.21 40.36 38.8
Households: 1,637 3,905 6,462


Photograph of Listing Agent

Rilee A Westbury

Colleton Realty, LLC SCCMLS Member
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