21 Magazine,Charleston, SC

21 MagazineCharleston, SC

Currently undergoing a $ 15,000,000 historic renovation, Twenty-One Magazine will be the prime office location in one of the most historic cities in the United States! Located in the center of downtown Charleston, this thoughtfully designed and historically renovated office setting will offer open and flexible floorplans on the second floor. The site offers plenty of on-site parking for office users and their clients. Just steps from King and Broad Streets, it provides easy access to downtown Charleston and beyond. Where the past meets modern updates and convenience, the Twenty-One Magazine will be the premier address for downtown office users for generations to come. Need more space? Contact us to discuss combining the second and third floor spaces.. 1st generation second floor 2,419 rsf office suite located in the main cell block with abundant natural lighting. The suites provides a large open area as well as a private office/ conference room. It will be delivered move in ready with wide plank hardwood flooring, walls and exposed ceilings finished with suspended HVAC, lighting, sprinkler and wall mounted electrical/ IT drops.

Info

City NameCharleston
CountyCharleston
StateSC
Property TypeOffice
Postal Code29401
Status Active
Parcel Number 457-08-03-112
Title Old Charleston Jail
Year Build 1802
Zoning City of Charleston - DR-2F - Diverse Residential (Front Yards Required)
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Listed by: Landmark Enterprises Services, LLC

Our ProcessStep By Step

SiteIdentification

Our investment team does ongoing market research and site analysis to determine the best locations geared towards our investment strategy.

SiteInspections

We perform site inspections and consult with general contractors and architects to identify property improvement opportunities and cost estimates.

PropertyAnalysis

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.

TheUnderwriting

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.