Oswald Cooke & Associates is pleased to offer 1028 Johnnie Dodds Blvd in Mount Pleasant, SC for sale to a qualified buyer. The fully leased 10,000 SF commercial space is positioned between Chick-Fil-A and TD Bank just off Anna Knapp Blvd. The tenants occupying the space are 2Book, Inc. (Office) and Laceys Take Away MtP, LLC (Restaurant/To-Go Services). The building was renovated in 2022 and Charleston has been named the No. 1 Tourist Destination in America by Conde Nast multiple times. In 2017 it was estimated that 7 million visitors came to the Greater Charleston area which is a 26 increase from 2016. The economic impact in 2022 from tourists alone was record breaking $12.8 billion. HIGHLIGHTS*76,200 VPD (Hwy 17 N)*Heart of Mount Pleasant Commercial District*Mount Pleasant is home to the highest income, education, and housing demographics in the greater Charleston market. *Located along the coveted Hwy 17 corridor between The Ravenel Bridge (3 Miles away) and Interstate 526.*Retailers within a mile include Chick-Fil-A, Publix, Bank of America, South State Bank, Wells Fargo, McDonald's, Dick''s Sporting Goods, Nordstrom Rack, Celadon Home, Walmart, Marshalls, TJ Maxx, and many others.
| City Name | Mount Pleasant |
| County | Charleston |
| State | SC |
| Property Type | Office |
| Postal Code | 29464 |
| Square Feet | 10000 SF |
| Landsize Units | 1.2600Acre |
| Status | Active |
| Parcel Number | 535-00-00-244 |
| Title | 1028 Johnnie Dodds |
| Year Build | 1995 |
| Zoning | Mt Pleasant - AB - Areawide 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.
