Up to 12,763 SF Office Space in South Mount Pleasant Conveniently located just minutes from the Ravenel Bridge and I-526, two-story office space includes: -65 total parking spaces -Signage on Johnnie Dodds Blvd. -Mix of private offices and open workspace -Conference and break rooms on both floors -Dedicated lobby and reception area This office condominium represents the utmost in flexibility whether you are a user and/or an investor. The primary tenant is Novus Architects, Inc, and they are planning to move out within the next 18 months, but could also move out at closing. They occupy 10,164 SF including the entire 2nd floor. One 3rd party tenant (Windward Farm Home For Children, Inc.) occupies 2,822 SF through August 31st, 2021. Opportunities available to purchase individual units Unit 100, 3,126 SF, $625,000 (SEE MLS 30651964) Unit 101, 1,957 SF, $789,000 (SEE MLS 30651979) Windwood, 2,597 SF, $845,000 (SEE MLS 30651983) Unit 200, 2,132 SF, $599,000 (SEE MLS 30651989) Unit 201, 2,951 SF, $829,000 (SEE MLS 30651993)
| Area | Mt Pleasant South of IOP Connector |
| City Name | Mount Pleasant |
| County | Charleston |
| State | SC |
| Property Type | Office |
| Postal Code | 29464 |
| Date Modified | 2021-01-18T12:46:44 |
| Property Status | Existing |
| Status | Active |
| Title | 12,763 SF OFFICE SPACE |
Listed by: East Rock Properties, LLC | 843-270-6000
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.
