Excellent opportunity to own and occupy well located office space. The property consists of 17,595.20 SF within 3 individual buildings located in the Corporate Quarters Office Park and an adjacent vacate parcel. Building B, (TMS 349-01-00-087) consists of 4 units totaling 5,459.80 SF, Building C, (TMS 349-01-00-088) consists of 4 units totaling 5,542 SF and Building D, (TMS 349-01-00-089) consists of 5 units totaling 6,593.40 SF. Parcels H-1 and H-2 , (TMS 349-01-00-045) are combined and are approximately 1.56 acres. Several units are leased and the balance of the space is available for occupany or build out to the new occupants specifications.
City Name | Charleston |
County | Charleston |
State | SC |
Property Type | Office |
Postal Code | 29407 |
Square Feet | 17595 SF |
Status | Active |
Parcel Number | 349-01-00-087, 349-01-00-088, 349-01-00-089 And 34 |
Title | 29 Leinbach |
Year Build | 1990 |
Zoning | City of Charleston - GB - General Business |
Listed by: Avison Young - South Carolina Inc
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.