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
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.