Lee & Associates Charleston is pleased to offer for sale 525 East Bay Street (“the Property”). The Property is located in the heart of the Downtown Charleston peninsula and is comprised of 27,500 sq. ft. with incredible visibility at the corner of East Bay Street and Chapel Street. This opportunity is being offered as a stabilized investment office sale. This investment offering is a terrific opportunity to own a marquee office building in the Charleston office market, one of the most desirable locales in the nation. Due to its affordability, high quality of life, and strong business sentiment, Charleston has attracted leading national and international companies over the course of the past decade. Within its boundaries are many flagship properties and developments which would be standout offices in any area of the country. 525 East Bay is one of those properties. With an unbeatable location, attractive aesthetics, an adundance of parking, and stabilized tenancy comprised of world-class companies, this is a rare opportunity to own property in Charleston’s growing office market.
| Area | Peninsula Charleston Inside of Crosstown |
| City Name | Charleston |
| County | Charleston |
| State | SC |
| Property Type | Office |
| Postal Code | 29403 |
| Date Modified | 2021-08-30T09:52:55 |
| Property Status | Existing |
| Status | Active |
| Title | 6.9 CAP | OFFICE INVESTMENT OPPORTUNITY |
Listed by: Lee & Associates - Charleston | 843-747-1200
Our investment team does ongoing market research and site analysis to determine the best locations geared towards our investment strategy.
We perform site inspections and consult with general contractors and architects to identify property improvement opportunities and cost estimates.
We do extensive property analysis including underwriting property historical cash flow, three tiered income modeling, future cash flow projections and IRR and cash on cash return profitability models.
Our team underwrites the current tenants and reviews all current lease agreements to determine an appropriate credit grade of the property and identify opportunities for improvement.
