USE LINK IN LISTING TO SIGN CA AND VIEW THE OFFERING MEMORANDUM As Exclusive Sales Agent to the Owner, CBRE is pleased to offer for sale this 53,683-square-foot, Class-A office building located at 4055 Faber Place Drive in North Charleston, SC. This Three-Story multi-tenant building was built in 1990, and is positioned on 4.33 acres within the Executive Park at Faber Place, Charleston's largest office park and the only Class-A suburban office park in the market. The park is centrally located at the intersection of I-526 and Leeds Avenue, on the Ashley River, minutes from I-26 and the Charleston International Airport. The building commands a strong presence, with frontage along the heavily traveled I-526 (Mark Clark Expressway). According to the South Carolina Department of Transportation, 73,900 vehicles traverse the Expressway daily where the Property fronts the Expressway. Owner and tenant signage will be seen by thousands of drivers daily. 4055 Faber Place is currently 90 leased to 13 tenants, many of which are national tenants. The desirable location, attractive exterior and efficient large floor plates are particularly suitable to meeting today''s office requirements. 4055 Faber Place also offers dedicated on-site parking and is in close proximity to numerous area amenities. This property can be paired with 4230 and 4075 Faber Place Drive as a small portfolio sale. MLS # 30138766 NO BUYER BROKER FEE OFFERED BY SELLER
| Acres | 4.33 |
| Area | North Charleston/Summerville Outside I-526 |
| City Name | North Charleston |
| County | Charleston |
| State | SC |
| Property Type | Office |
| Postal Code | 29405 |
| Square Feet | 53683 SF |
| Date Modified | 2017-12-01T07:39:31 |
| Property Status | Existing |
| Status | Pending/Contingent |
| Title | 4055 Faber Place |
| Zoning | LI |
Listed by: CBRE, Inc | 843-577-0702
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.
