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MLS# 30039999 | Charleston Commercial Sales

$4,200,000 | N/A beds | N/A full baths | N/A half baths | 17,690 sqft

$4,200,000
1481 Tobias Gadson Boulevard
Charleston, SC 29414
  • $237.42Price per SqFt
  • 17,690SqFt
  • 450Days on Market
  • N/AZoning
  • 2008Year Built
  • OfficeUse
  • MLS# 30039999
  • Commercial Sales
  • Office
  • Sold

  • Approx Time on MarketN/A
  • AreaWest Ashley Inside I-526
  • CountyCharleston
  • SubdivisionN/A

Overview

This is a net leased investment opportunity for a Class A medical office building located within one mile of Roper St. Francis Hospital. Tenant base is very strong with Roper Hospital occupying almost 60% of the building, a medical research tenant in 24% and two smaller tenants rounding out the balance. This is a two story brick building with elevator access.* Contact listing broker for tenant and lease information.Occupancy:100%Net of Income:$336,337.56Cap rate: 7.36%*Pending ratification of amendment for 2,529 by existing tenant.DIRECTIONS: From I-526 West, take exit #11A onto Paul Cantrell Blvd toward SC-61 / Ashley River Rd. Turn left onto Tobias Gadson Blvd, and property is part of the ""61 West"" development on your left directly behind 1483 Tobias Gadson Blvd Building


Sale Info

Listing Date: 01-30-2023

Sold Date: 08-15-2017

Listing Sold: 
   6 Year(s), 8 month(s), 10 day(s) ago

Asking Price: $4,200,000

Selling Price: $4,200,000

Price Difference: 
Same as list price

Building Info

Anchored:  No

Year Built:  2008

Financial

Asking Price Type:  Fixed Price

Garage / Parking

Lot Info

County:  Charleston

Land Size:  0.00

Misc

Class of Space:  Class A

Title:  1481 Tobias Gadson Blvd

Offer Compensation

Property Info

Second Property Subtype:  Office

Zoning:  City of Charleston - GO - Gen

Nearest Msa:  Charleston-North Charleston, SC

Sale Terms:  Undisclosed

Property Type:  A

Original Price:  $4,200,000

Build To Suit:  No

Property Use Type:  Office

Class Type:  Office

Sold Info

Sold Date:  2017-08-15T00:00:00

Sqft Info

Rentable Area:  17690

Unit Info

Utilities / Hvac

Courtesy of listing office Avison Young - South Carolina Inc 

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On domicilecharleston.com since Mon, Jan 30th 2023
No Property History recorded for this listing.
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Broker Reciprocity The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Last updated on 04-24-2024 11:55 PM EST . The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 Charleston Trident Multiple Listing Service, Inc. All rights reserved.
Commercial Sale/Lease: Copyright 2024 South Carolina commercial MLS, Inc. All rights reserved. Last updated on 04-24-2024 11:55 PM EST est.

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