Very well maintained class A office/retail building located on the Commercial Square in the I'ON neighborhood. Corner location offering very high visibility, signage and road exposure. The property has been owner occupied and beautifully maintained since its original construction during the summer of 2004. The property has many upgrades to both its exterior and interior above a base level finish. This is an excellent opportunity for an owner occupant to purchase the property and have some rental income from 3rd party tenants to help defray its occupancy costs. 100 leased. There are only 8 commercial properties on the Commercial Square in I''ON and this is one of them. Property has one of the larger lots.
Area | Mt Pleasant South of IOP Connector |
City Name | Mount Pleasant |
County | Charleston |
State | SC |
Property Type | Office |
Postal Code | 29464 |
Square Feet | 3960 SF |
Date Modified | 2018-02-12T05:39:20 |
Property Status | Existing |
Status | Active |
Title | I'ON SQUARE |
Listed by: Strategic Real Estate Advisors | 843-345-1200
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.