1940 Algonquin,Charleston, SC

1940 AlgonquinCharleston, SC

The Quin is phase one of a 10+ acre development that will transform the area into one of Charleston's premiere mixed-use destinations. The five-story Class A office and retail development is located in the Upper Peninsula. It''s convenient location at the corner of Meeting Street and Algonquin Road puts Tenants in close proximity to a wealth of amenities with easy access to all major submarkets.The building is served by a dedicated parking garage for Tenants and surrounded by well curated green space with Free WiFi, outdoor seating and shade structures to accommodate dining, meetings and events.Contiguous space available up to 21,000 SF in addition to move-in ready spec suites ranging from 1,400 to 3,100 SF.

Info

City NameCharleston
CountyCharleston
StateSC
Property TypeOffice
Postal Code29405
Status Active
Parcel Number 464-00-00-051
Title The Quin | 1940 Algonquin Road
Year Build 2021
Zoning City of Charleston - UP - Upper Peninsula
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Listed by: Lee & Associates - Charleston

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.