Property details

South Carolina Industrial, Southeast Region

Property Description

South Carolina Industrial property for sale. Concrete constructed warehouse on +/- 5 acres with 6 loading bays, covered loading area, 20x20 roll-up door and is hurricane resistant. Power is 3 phase 480, 2000 amps. Property is accessible from a private road. 13,000 square feet leased out. In the first year of a 5 year lease. $6 per sq. ft. NNN with a 4% increase each year.

There has been a significant residential growth in the area but the commercial growth of storage and business centers has not caught up to the growth. The widening of a nearby highway to four lanes will make distribution easier on the Highway’s east to west corridor.

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Highlights

Status:
Available
Price:
$3,000,000
PSF:
$47
Cap Rate:
2.60%
Annual Rent:
$78,000
 

Property Information

Building Size:
64,000 sq.ft.
Property Type:
Industrial
Industry Type:
Industrial
Units/Spaces:
3
Year Built:
1995
Land Area:
4.92 acres
Purchase Tenure:
Fee Simple
 

Existing financing information

N/A

The information contained herein contains confidential and/or privileged material. Any review, retransmission, dissemination or other use of, or taking of any action in reliance upon, this information by persons or entities other than the intended recipient will be prohibited. The information contained herein has been obtained from sources believed to be reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about the accuracy or completeness of the information. As a buyer, it is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this property to you depends on factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. We have no knowledge of this offering other than the information received from Seller or their representatives. We are neither your agent or an agent for the seller. We will not participate in the negotiation of the purchase price or attend the showing of this property. As a buyer, you will be required to indemnify us and hold us harmless from any kind of claim, cost, expense, or liability arising out of your investigation and/or purchase of this property.