New listing! Centrally located medical office building in the heart of West Ashley's medical district. Built in 1999 on 2.37 acres with 99 dedicated parking spaces. This two-story, 26,226 SF freestanding building had a new roof and new HVAC (Carrier) installed in 2014. See attached floor plan for office/room layout. The building is highly visible along Glenn McConnell Pkwy and Charlie Hall Blvd. Located near numerous other medical buildings and across the street from Roper St. Francis Hospital. Located less than 1 mile from the I-526 interchange. *Current Tenant is relocating. CAP rate is a required field/input for this listing. Tenant''s current Lease goes through Jan. 31, 2020. Property is priced on a per square foot basis.*
Acres | 2.37 |
Area | West of the Ashley Outside I-526 to Rantowles |
City Name | Charleston |
County | Charleston |
State | SC |
Property Type | Office |
Postal Code | 29414 |
Square Feet | 26306 SF |
Date Modified | 2020-05-17T11:50:42 |
Property Status | Existing |
Status | Active |
Title | Medical Office Building in West Ashley |
Zoning | OG |
Listed by: Palmetto Commercial Prop, LLC | 843-577-2550
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.