OWNER FINANCING AVAILABLE with 25-30 down. This is a great value added 9,000 SF, 2 story, brick retail/office building for sale/for lease. High exposure, corner lot. Currently four separate units. Two on first floor, two on second floor. Occupy one and rent out the other three. Though built in 2010, was not built out until 2016. Roof 2016 and HVAC's 2016. Sale - $2,500,000Lease - $23.00 PSF, modified grossCall for details.
| Acres | 0.41 |
| City Name | Charleston |
| County | Charleston |
| State | SC |
| Property Type | Office |
| Postal Code | 29407 |
| Square Feet | 9000 SF |
| Landsize Units | 0.4100Acre |
| Status | Active |
| Parcel Number | 350-05-00-279 |
| Title | West Ashley Class A Office Building For Sale |
| Year Build | 2010 |
| Zoning | City of Charleston - GB - General Business |
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.
