7667 Dorchester Rd, North Charleston, SC 29418

Commercial property for lease

  • Description
  • Nice small neighborhood retail center which has 7 units of 1,250 square feet each.5 units are leased with 2 units vacant and ready for your lease up.Owner installed a new roof in 2015.HVAC replacements: Unit 1: replaced one 4 ton hvac unit during July 2015.Units 2 & 3: replaced two 4 ton hvac units during February 2016.Typical bay size is 25' wide by 50' deep.The cap rate using 2016 actual P&L numbers with an actual 28.5% vacancy was 6.73%.If you lease up the two vacant units at our current market rent of $1,350 per month per unit, the projected cap rate would increase to almost 10%. Building price details: $985,000.
  • Exterior Features
  • Parking Type: Surface
  • Contact info
  • Jim D Robertson
    Strategic Real Estate Advisors
  • Note
  • Details Info about this row that located on 7667 Dorchester Rd, North Charleston, SC 29418 was got from trusty sources, but HousesForSaleList.com can't guarantee that details about listing price, status, facts, images and owner are correct, because this listing can be changed or removed from market without notice. If You need to receive additional details about this property try to ask directly listing agent or owned.

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  • Property Details
  • Property Type: Commercial (Other)
    Status: Available
    Lot Size: 0.780 Acres
    Number of Stories: 1
    Year Built: 1973
    Year Renovated: 2015
    Submarket: Community Center, Neighborhood Center, Strip Center
    MSA: Charleston-North Charleston
    Buildings: 1
    Construction: Block
    Terms: Cash to Seller
    Added: 12/07/2017

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