3 floor office building on Broad St. Roughly 4,200 SqFt 1st floor, 3,300 SqFt 2nd floor and 1,500 SqFt 3rd floor. Building runs from Broad St all the way through to Elliott St. with two parking spaces on Elliott St. Currently it is all office space. 2nd and 3rd floor are lease to a law firm.
| Acres | 0.11 |
| Area | Peninsula Charleston Inside of Crosstown |
| City Name | Charleston |
| County | Charleston |
| State | SC |
| Property Type | Office |
| Postal Code | 29401 |
| Square Feet | 9000 SF |
| Date Modified | 2023-01-19T19:43:19 |
| Property Status | Existing |
| Status | Active |
| Title | 37 Broad Street |
| Zoning | GB |
Listed by: Read & Read Inc. REALTORS | 843-577-5400
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.
