Stono Station Flex Park
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Stono Station Flex Park
5 Properties Offered at $10,980,000 in Charleston, SC
Executive Summary
6.1% cap on existing income with upside to adjust upcoming leases to market rent.
Five Building Fully Leased NNN Trophy Flex/Office Asset. Fully Renovated with impressive center of market location right on Highway 17 (Savannah Highway) with unmatched access, visibility and signage. Ultra high barriers of entry, great 17 NNN leased Tenant roster, annual lease escalations, and unmatched curb appeal make this asset highly desirable to investors.
Located in The City of Charleston - Zoning Classification BP (Business Park)
Commercial Real Estate Ventures, LLC does not make any representation or warranty as to the accuracy or completeness of the Informational Materials for this offering and further that the provided information used in the preparation of the Informational Materials herein that has been furnished to Commercial Real Estate Ventures, LLC by others has not been independently verified by Commercial Real Estate Ventures, LLC and is therefore not guaranteed as to completeness or accuracy. Any Potential Purchaser and/or Buyer's Broker(s) agrees that Commercial Real Estate Ventures, LLC shall not have any liability for any reason to the Buyer's Broker(s) or the Potential Purchaser or any Related Parties resulting from the use of the Informational Materials.
Five Building Fully Leased NNN Trophy Flex/Office Asset. Fully Renovated with impressive center of market location right on Highway 17 (Savannah Highway) with unmatched access, visibility and signage. Ultra high barriers of entry, great 17 NNN leased Tenant roster, annual lease escalations, and unmatched curb appeal make this asset highly desirable to investors.
Located in The City of Charleston - Zoning Classification BP (Business Park)
Commercial Real Estate Ventures, LLC does not make any representation or warranty as to the accuracy or completeness of the Informational Materials for this offering and further that the provided information used in the preparation of the Informational Materials herein that has been furnished to Commercial Real Estate Ventures, LLC by others has not been independently verified by Commercial Real Estate Ventures, LLC and is therefore not guaranteed as to completeness or accuracy. Any Potential Purchaser and/or Buyer's Broker(s) agrees that Commercial Real Estate Ventures, LLC shall not have any liability for any reason to the Buyer's Broker(s) or the Potential Purchaser or any Related Parties resulting from the use of the Informational Materials.
Property Facts
| Price | $10,980,000 | Number of Properties | 5 |
| Price / SF | $305.93 / SF | Individually For Sale | 0 |
| Cap Rate | 6.42% | Total Building Size | 35,891 SF |
| Sale Type | Investment | Total Land Area | 2.90 AC |
| Status | Active |
| Price | $10,980,000 |
| Price / SF | $305.93 / SF |
| Cap Rate | 6.42% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 5 |
| Individually For Sale | 0 |
| Total Building Size | 35,891 SF |
| Total Land Area | 2.90 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Building 3
2467 Savannah Hwy, Charleston, SC 29414 |
Retail | 6,611 SF | 2003 | - |
|
Building 4
2467 Savannah Hwy, Charleston, SC 29414 |
Flex | 6,009 SF | 2003 | - |
|
Building 1
2467 Savannah Hwy, Charleston, SC 29414 |
Flex | 10,783 SF | 1980 | - |
|
Building 2
2467 Savannah Hwy, Charleston, SC 29414 |
Flex | 2,432 SF | 1980 | - |
|
Building 5
2467 Savannah Hwy, Charleston, SC 29414 |
Flex | 10,056 SF | 1980 | - |
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Stono Station Flex Park
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