Located just North of I-526 on I-26, this is a centrally located three-story office building on 2.6 acres of land off Rivers Avenue in North Charleston nearby Goose Creek. North Charleston is the 3rd largest city in the state of South Carolina incorporated areas in Berkeley, Charleston, and Dorchester counties. North Charleston has a population of 97,471 with a current area of more than 76.6 square miles. 8740 North Park Blvd. is conveniently located just 3 miles from I-26 and 9 miles from I-526. Only 10 Minutes from Charleston International Airport. With the arrival of The Boeing Company, the city has gained international importance and stature as one of the only two places in the United States for the manufacture and final assembly of wide-body commercial aircraft. The 3rd floor floor, 10,500 SF, of this building is currently vacant and in shell condition. The building was enhanced with a brand new 100-ton chiller system.
| Acres | 113692 |
| Area | North Charleston/Summerville Outside I-526 |
| City Name | North Charleston |
| County | Charleston |
| State | SC |
| Property Type | Office |
| Postal Code | 29406 |
| Square Feet | 31395 SF |
| Date Modified | 2022-02-15T11:42:40 |
| Property Status | Existing |
| Status | Active |
| Title | 8740 North Park |
| Zoning | GB |
Listed by: Charleston Industrial, LLC | 843-377-8383
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.
