Office development opportunity! 500 Oakbrook Lane is a 10,708sf building situated on 0.877 acres with four surrounding land parcels totaling approximately 2 acres. The combined usable acreage for this opportunity is 2.68 acres. This site is well-located just off Old Trolley Road near Ladson Road. The two story, white masonry exterior office was upgraded in 1995 and has generator back-up power, high-tech security, and two separate Internet feeds. Ample parking and a roll-up door on one side make this building an ideal space for multiple uses. DIRECTIONS: From I-26W, take the Ashley Phosphate Road exit and turn left onto Ashley Phosphate. Take a right onto Dorchester Road then turn right onto Old Trolley Road. Take the second left onto Oakbrook Lane and the office building will be on the left.
| Acres | 2.68 |
| Area | Summerville/Ladson/Ravenel to Hwy 165 |
| City Name | Summerville |
| County | Dorchester |
| State | SC |
| Property Type | Office |
| Postal Code | 29485 |
| Square Feet | 10708 SF |
| Date Modified | 2018-08-22T09:02:58 |
| Property Status | Existing |
| Status | Pending/Contingent |
| Title | Office Development Opportunity in Summerville |
Listed by: Belk / Lucy | 843-856-4600
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.
