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Mixed-Use

1033 Wappoo Road

1033 Wappoo Rd, Charleston, SC 29407

Listing Price: $4,350,000

Cap Rate
5.25%
Number of Suites
5
Gross SF
23,460
Rentable SF
23,460
Price/Gross SF
$185.42
Lot Size
1.22 acres
Year Built
1988

Investment Overview

Marcus & Millichap is pleased to present for sale a 23,460 square foot, multi-tenant flex/retail/office/warehouse property located in Charleston, SC.

Investment Highlights

  • 23,460-SF Multi-Tenant Flex / Retail / Office / Warehouse Property in Charleston, SC
  • Excellent Location in Desirable West Ashley Submarket
  • Highly Visible and Large Monument Signage on Wappoo Road
  • Warehouse Features a Roll Up Door | Opportunity to Add a Second Roll Up Door
  • Ideal Opportunity for an Owner-User or Value-Add Investor
  • Opportunity for Owner User or New Tenant to Occupy a Large Portion of the Building / Warehouse
  • Vacancy and Short Term Below Market Rents Presents an Excellent Value-Add Reposition Opportunity
  • $400,212 Pro-Forma Stabilized NOI | 9+ CAP / Yield on Cost

Exclusively Listed By

Financing By

Mixed-Use

1033 Wappoo Road

Listing Price: $4,350,000

Cap Rate
5.25%
Number of Suites
5
Gross SF
23,460
Rentable SF
23,460
Price/Gross SF
$185.42
Lot Size
1.22 acres
Year Built
1988

Investment Highlights

  • 23,460-SF Multi-Tenant Flex / Retail / Office / Warehouse Property in Charleston, SC
  • Excellent Location in Desirable West Ashley Submarket
  • Highly Visible and Large Monument Signage on Wappoo Road
  • Warehouse Features a Roll Up Door | Opportunity to Add a Second Roll Up Door
  • Ideal Opportunity for an Owner-User or Value-Add Investor
  • Opportunity for Owner User or New Tenant to Occupy a Large Portion of the Building / Warehouse
  • Vacancy and Short Term Below Market Rents Presents an Excellent Value-Add Reposition Opportunity
  • $400,212 Pro-Forma Stabilized NOI | 9+ CAP / Yield on Cost

Investment Overview

Marcus & Millichap is pleased to present for sale a 23,460 square foot, multi-tenant flex/retail/office/warehouse property located in Charleston, SC.

Exclusively Listed By

Financing By

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