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Note
8.33 CAP Investment for Under $1 Million - Charleston, SC
Listing was updated at: 10/22/2018
Property Overview
Price/Rent PSF $ 921,240.00
Asset Type Office
Trade Type Sale
SQ. FT. Available 6,824
Date Available 10/22/2018
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Description

Office space available for sale! Updated. This is an investment portfolio consisting of 5 units. Potential Rental Income Fully Occupied is an 8.33% CAP RATE. Keep Existing Management or replace with your own. Call now for tours and further information. A detailed rent roll pro forma and floor plans are available upon request. A phenomenal location in close proximity to 526 Clements Ferry and Highway 41 makes this a portfolio that leases well and is well run by local management. The tenants are seasoned and many have multiple options to renew. ERSI area demographics segment "High Society" and "Upscale Avenues" as abundant in this area. The Marina allows pedestrian use of the boardwalks seating areas and cafe for lunch or breaks away from the office. Please do not approach Tenants or property without an appointment.DIRECTIONS: Follow I-526 E to Clements Ferry Rd/State Rd S-8-33 in Charleston. Take exit 23B from I-526 E. Continue on Clements Ferry Rd/State Rd S-8-33. Drive to Marina Dr. Look for Building Address once in Parking Lot.LEASE INFO: See Documents Section.TENANT INFO: VARIOUS TENANTS. ALL TENANT INFORMATION WILL BE DISCLOSED. Close proximity to I-526 at Clements Ferry Road. Contact agent for more information!

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