Two-story freestanding office building centrally located in West Ashley in the heart of the medical and retail district on 2.37 acres. Roof and HVAC replaced in 2014. Property fronts Glenn McConnell Parkway and Charlie Hall Blvd, which includes numerous medical offices and facilities. Ample parking available for single or multiple tenant occupancy. Former MUSC Health building. Half mile to I-526/Paul Cantrell Blvd intersection.
| Area | West of the Ashley Outside I-526 to Rantowles |
| City Name | Charleston |
| County | Charleston |
| State | SC |
| Property Type | Office |
| Postal Code | 29414 |
| Date Modified | 2021-08-17T10:57:06 |
| Property Status | Existing |
| Status | Active |
| Title | Medical Office Building-Redevelopment Opportunity |
Listed by: Ravenel Commercial Properties, | 843-266-3900
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.
