147 Wappoo Creek Dr,Charleston, SC

147 Wappoo Creek DrCharleston, SC

The Wappoo Centre is the largest free-standing office building on James Island. The 30,000 SF, six-story office building overlooks Wappoo Creek and is divided into numerous individual office condominium units. Unit 402 consists of approximately 894 SF of office space and 242 SF of common area on the 4th floor featuring an expansive view of the Wappoo Creek, James Island, the Charleston Penninsula, and the surrounding marsh areas. The listed unit is a portion of the 4th floor of the Wappoo Centre which is also listed for sale in individual units as well as the opportunity to purchase the entire floor.

Info

AreaJames Island
City NameCharleston
CountyCharleston
StateSC
Property TypeOffice
Postal Code29412
Square Feet30000 SF
Date Modified 2021-01-12T14:32:09
Property StatusExisting
Status Active
Title 147 Wappoo Creek Drive Unit 402
Zoning GB
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Listed by: Urban Core Realty, LLC | 843-508-8278

Our ProcessStep By Step

SiteIdentification

Our investment team does ongoing market research and site analysis to determine the best locations geared towards our investment strategy.

SiteInspections

We perform site inspections and consult with general contractors and architects to identify property improvement opportunities and cost estimates.

PropertyAnalysis

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.

TheUnderwriting

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.