Renovations to the entire building completed in 2013, elevator served, 45 on-site parking spaces. Currently 1 kitchenette on each floor, numerous conference rooms, phone booths, bull pen areas, and private offices. Electronic key fob entry. Seller is current occupant and is moving. Well located 1 block south of Calhoun Street at the corner of Gadsden Street and Bennett Street. This information has been secured from sources King Street Commercial, LLC believes to be reliable, but King Street Commercial, LLC makes no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.
| Area | Peninsula Charleston Inside of Crosstown |
| City Name | Charleston |
| County | Charleston |
| State | SC |
| Property Type | Office |
| Postal Code | 29401 |
| Date Modified | 2019-07-08T10:02:23 |
| Property Status | Under Renovation |
| Status | Active |
| Title | Downtown Office Building w/ On-Site Parking FOR SALE |
Listed by: Colony Commercial LLC | 843-628-5140
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.
