The subject site consists of a 1.369 acre parcel located at 8561 Rivers Avenue in North Charleston, Charleston County, South Carolina. This signalized hard corner is currently a vacant parking lot just south of Otranto Rd and located next to Flight Adventure Park Charleston(Velocity Air Park). Additional businesses include Texas Roadhouse, a T-Mobile Regional Call Center and the Yokoso Japanese Steakhouse.
Acres | 1.37 |
City Name | North Charleston |
County | Charleston |
State | SC |
Property Type | Land |
Postal Code | 29406 |
Landsize Units | 1.3700Acre |
Status | Active |
Parcel Number | 485-00-00-235 |
Title | 1.369 acres outparcel on Rivers Ave |
Zoning | City of North Charleston - B-2 - General Business District |
Listed by: Carolina One Real Estate
Our investment team does ongoing market research and site analysis to determine the best locations geared towards our investment strategy.
We perform site inspections and consult with general contractors and architects to identify property improvement opportunities and cost estimates.
We do extensive property analysis including underwriting property historical cash flow, three tiered income modeling, future cash flow projections and IRR and cash on cash return profitability models.
Our team underwrites the current tenants and reviews all current lease agreements to determine an appropriate credit grade of the property and identify opportunities for improvement.