1251 Carolina Park Blvd,Mount Pleasant, SC

1251 Carolina Park BlvdMount Pleasant, SC

This unique opportunity is located at the entrance of the rapidly growing the Carolina Park subdivision of Mt. Pleasant, SC. Strategically located across from Wando High School which is the largest and one of the highest-performing high schools in the state of South Carolina. The wood and metal exterior is architecturally appealing with excellent signage, easy access and nearly 90 on-site parking spaces. The interior is exceptionally maintained and in move-in ready condition with high ceilings, tile throughout and large windows that offer an abundance of natural light. There is plumbing and exterior entrances in nearly every room. This award winning property contains a main lobby area, administrative and common spaces and commercial kitchen that anchor two wings in a classic “L” shaped layout. Local architectural firm LS3P designed the building and won the 2008 state of SC award for Best in Class for Early Childhood Center from the Council for Educational Facilities International (CEFI). • Immaculate 19,026 SF Building on 3.45 AC • Priced at replacement cost to sell quickly! • No impact fees required to move into this cornerstone property • This property’s uses are endless from institutional to general office, medical office or even retail space. • A perfect corporate or technology based headquarters • Zoned General Commercial Directions: From US-17N headed to North Mt Pleasant, take a left on to Carolina Park Blvd. Take your next left onto Warrior Way and the property will be on your right at the end of the loop.

Info

Acres3.45
AreaMt Pleasant North of IOP Connector
City NameMount Pleasant
CountyCharleston
StateSC
Property TypeOffice
Postal Code29466
Date Modified 2019-02-19T14:43:59
Property StatusExisting
Status Pending/Contingent
Title 19,026 SF MULTI-USE BUILDING ON 3.45 AC
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Listed by: Lee & Associates - Charleston | 843-747-1200

Our ProcessStep By Step

SiteIdentification

Our investment team does ongoing market research and site analysis to determine the best locations geared towards our investment strategy.

SiteInspections

We perform site inspections and consult with general contractors and architects to identify property improvement opportunities and cost estimates.

PropertyAnalysis

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.

TheUnderwriting

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.