Location Description The Subject Property is located on Seven Farms Drive in the center of Daniel Islands’ Commercial District. The building is within walking distance to the Daniel Islands many shops and restaurants. Development Description The 297 SFD property is a three-story mixed use professional building. The available suites are fully leased office spaces which are all occupied by credit Tenants with long term leases. Access and Amenities The building has frontage on Seven Farms Drive with parking and service in the rear. The individual suites feature high-end finishes, common area bathrooms and elevator service. Three (3) Floor Class “A” Development ~27,000 Square Feet Suites For Sale: Second Floor – Three Suites 1.) 201: The New Primal (4,651 SF) 2.) 202: Daniel Island Family Medicine (1,986 SF) 3.) 203: Target Market (2,118 SF) Third Floor – One Suite 1.) 304: Apex (2,750 SF) * Suites may be sold individually or together* Building Construction: 297 SFD is a steel frame Class A development was completed in 2020 and has a mix of professional office, medical office, and service-oriented Tenants.
Acres | 1.47 |
Area | Daniel Island |
City Name | Charleston |
County | Berkeley |
State | SC |
Property Type | Office |
Postal Code | 29492 |
Square Feet | 28000 SF |
Date Modified | 2022-07-12T07:59:31 |
Property Status | Existing |
Status | Active |
Title | 297 Seven Farms Drive |
Zoning | GC |
Listed by: Meyer Kapp & Associates LLC | 843-971-8600
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.