Price $996,000NOI $94,889Cap Rate 9.53%TMS 418-02-00-186SF 4,000DescriptionTwo-story, renovated office building in the Carriage Lane Office development. The building features multiple offices, with common areas and restrooms on each floor. It has historically been fully occupied, with a tenant mix of professional service providers, including counselors, attorneys, and other small businesses. Excellent location in West Ashley, with convenient access to downtown and the entire Charleston areaHighlightsCentral location in Charleston - convenient to Downtown (2.9 miles), I-26 (3.9 miles) and I-526 (2.4 miles)Renovated - new roof, exterior and interior paint, floor coverings, doors, and hardware4,000+/- SF building on 0.05+/- ACStrong occupancy - consistently leased with minimal vacancy54,000+/- Vehicles per day at Saint Andrews Blvd142,031 population within a 5 mile radius
Anchored: No
Year Built: 1988
County: Charleston
Land Size: 0.05
Title: Carriage Lane Office Building
Second Property Subtype: Office
Zoning: City of Charleston - LB - Lim
Nearest Msa: Charleston-North Charleston, SC
Property Type: A
Original Price: $996,000
Class Type: Office
Rentable Area: 4000
Unit: E
Courtesy of listing office Twin Rivers Capital LLC