- Located on prestigious Daniel Island, SC - Class A office building - Quintessential low country architecture - Elevator served - 33 parking spaces around the building (cross parking) - Fully leased, Palmetto Surety Corp. moving out 1st Q 2020, owner occupant or investor opportunity - 2019 Net Income: $221,704
Acres | 0.28 |
Area | Daniel Island |
City Name | Charleston |
County | Berkeley |
State | SC |
Property Type | Office |
Postal Code | 29492 |
Date Modified | 2019-03-21T08:03:10 |
Property Status | Existing |
Status | Pending/Contingent |
Title | PREMIER DANIEL ISLAND OFFICE BUILDING FOR SALE |
Listed by: Lee & Associates - Charleston | 843-747-1200
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.