Investment Opportunity - Flex Space End Cap - Bluffton, SC

Listing was updated at: 11/25/2019
Property Overview
Price/Rent PSF $ 845,000.00
Asset Type Industrial
Trade Type Sale
SQ. FT. Available 7,551
Date Available 11/25/2019
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Description

Location
This prime end cap is the first unit you see as you enter the Red Cedar Industry Suites, a multi-building, multi-tenant development situated on Red Cedar Street, immediately off the Bluffton Parkway, directly across from Red Cedar Elementary School and a large day care provider. Red Cedar is situated between Highway 46 and Simmonsville Road and the project is surrounded by commercial and residential developments. There are a variety of service providers throughout the park as well as some professional office users. This central location allows you to get anywhere in the Beaufort and Jasper counties and Savannah area within minutes.


Sale
Income producing 7,551 square foot commercial flex unit available. The unit is currently leased to Comdoc. The existing lease runs through November, 2022 and the tenant has one remaining option to renew at escalated rent. In addition to the base rent, Tenant pays the regime fees for the unit.

The space is comprised of a very large, conditioned warehouse (approximately 50' W x 106' D) with two 14' roll up doors and very high ceilings. The unit also has nicely appointed office space including four offices upstairs, three with windows overlooking the warehouse and a large open work space that can accommodate multiple employees. There is a reception and waiting area downstairs with three private offices, a kitchen and three restrooms. This unit has three HVAC units (13 tons total), two of which were installed in 2015. Three phase, 200 amp electrical service in place. The end cap position provides extraordinary parking.

Location