Charleston, SC 29407
- $248.09Price per SqFt
- 139,060SqFt
- 441Days on Market
- N/AZoning
- 1970Year Built
- OfficeUse
- MLS# 30727170
- Commercial Sales
- Office
- Sold
- Approx Time on MarketN/A
- AreaWest Ashley Inside I-526
- CountyCharleston
- SubdivisionN/A
Overview
South Park Plaza is a 139,060 RSF, three building office complex at Hwy 7, Hwy 17 and I-526 in front of Citadel Mall. MUSC leases 125,942 RSF = 91% of the complex under a lease that runs to the end of 2028 - 7.5 years. Call for details. The prominent and visible location along I-526 in West Ashley, just in front of the Citadel Mall, along with its strong credit tenant, offers investors a rare opportunity in the Charleston market to purchase a stable cash flowing asset with significant upside potential. One South Park Circle, a five-story office building, was built in 1974 and renovated in 2012. Two and Three South Park Circle are both two-story buildings built in 1985. Two South Park Circle is connecting to Building One via an enclosed walkway on both the first and second floors.
Sale Info
Listing Date: 01-30-2023
Sold Date: 09-23-2021
Listing Sold:
2 Year(s), 6 month(s), 24 day(s) ago
Asking Price: $34,500,000
Selling Price: $34,500,000
Price Difference:
Same as list price
Building Info
Anchored: No
Year Built: 1970
Financial
Asking Price Type: Fixed Price
Garage / Parking
Lot Info
County: Charleston
Lot Acres Min: 10.82
Land Size: 10.82
Misc
Class of Space: Class B
Title: South Park Plaza
Offer Compensation
Property Info
Second Property Subtype: Office
Zoning: City of Charleston - GO - Gen
Nearest Msa: Charleston-North Charleston, SC
Sale Terms: Cash
Property Type: A
Original Price: $34,500,000
Build To Suit: No
Property Use Type: Business Park, Investment, Office
Class Type: Office
Sold Info
Sold Date: 2021-09-23T00:00:00
Sqft Info
Rentable Area: 139060
Unit Info
Utilities / Hvac
Courtesy of listing office CBRE, Inc
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 04-16-2024 11:02 AM 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.
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