AVAILABLE FOR SALE/LEASE | 2928 S Fraser St. includes a +/- 46,906 sf Industrial building on +/-15.95 acres zoned Light Industrial (LI) in the City of Georgetown, SC. Site offers flexibility and over 700' of frontage on HWY 17 (aka S Fraser St) and multiple ingress/egress points for access. Please see instructions for site access/drive bys in the attached. Options to lease all or a portion of the site, and potential for Tenant Improvement allowance and/or build to suit options based on Tenant Requirements and Term. Targeted focus on companies that will bring new jobs and advancement for the community. The building and site layout, highway frontage, supporting infrastructure, and current ownership entity makes this an ideal redevelopment opportunity for a variety of Industrial, R&D, Flex, and similar users. Wet sprinkler system in place, 4-7" reinforced slab, single power (3 Phase Power can be added 12,470V 3 Phase Primary) with options to upgrade. Natural Gas and municipal water, sewer, and electric. Clearance Heights range from 21'' 7" to 24'' Original building area measured +/-155,000sf and a portion of building demolished in 2013 leaving +2.5 acres concrete pad (+/-7” reinforced) plus surrounding yard area (see aerial). The property zoning and excess land is ideal for parking, outside storage, or to utiltize the existing building pad for future expansions.
| Acres | 15 |
| City Name | Georgetown |
| County | Georgetown |
| State | SC |
| Property Type | Industrial |
| Postal Code | 29440 |
| Square Feet | 46906 SF |
| Date Modified | 2020-01-03T07:31:55 |
| Property Status | Existing |
| Status | Pending/Contingent |
| Title | Lease/Sale: +46,000sf warehouse with laydown yard & highway frontage |
| Zoning | LIGHT INDUSTRIAL - CITY OF GEORGETOWN, SC |
Listed by: Avison Young - South Carolina Inc | 843-725-7200
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.
