Located in the Wappoo Creek Office Building, the property consist of the assemblage of five (5) individual office condominium units that contain a total of 5,337 square feet (including the lobby area and common areas on the fourth floor) on the fourth floor. Each unit is approximately 1,000 square feet. This location offers easy access to West Ashley and the City peninsula. The five individual units on this floor are all currently leased.
Area | James Island |
City Name | Charleston |
County | Charleston |
State | SC |
Property Type | Office |
Postal Code | 29412 |
Date Modified | 2021-07-24T19:58:40 |
Property Status | Existing |
Status | Active |
Title | Wappoo Centre |
Zoning | GB |
Listed by: Urban Core Realty, LLC | 843-508-8278
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.