The Wappoo Centre is the largest free-standing office building on James Island. The building is a six-story office building containing over 30,000 square feet overlooking Wappoo Creek. The building is divided into numerous individual office condominium units. The listed units 403 &404 consist of approximately 2,040 square feet of office space and 242 square feet of common area on the 4th floor of the building with an expansive view of Wappoo Creek and the surrounding marsh. Current Lease Expires 9-30-2020.
Area | James Island |
City Name | Charleston |
County | Charleston |
State | SC |
Property Type | Office |
Postal Code | 29412 |
Square Feet | 30000 SF |
Date Modified | 2020-05-31T13:18:03 |
Property Status | Existing |
Status | Active |
Title | Wappoo Centre Units 403 & 404 |
Zoning | GB |
Listed by: Urban Core Realty, LLC | 843-508-8278
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.