1439 Stuart Engals Blvd is a beautiful three story office property surrounded by oak trees located near the old Walmart in Mount Pleasant. The second and third floors are being offered for sale for $2,400,000. Both floors are fully leased and consist of excellent tenants paying market rental rates. The property has been professionally managed throughout the life of the building. The property boasts Class A space with elevator and exterior stair access points. The suites include private offices, open cubicle/work spaces and outdoor patio areas. 1439 Stuart Engals Blvd, Second and Third Floor is a hands-off investment for a buyer looking for aggressive returns.
Area | Mt Pleasant South of IOP Connector |
City Name | Mount Pleasant |
County | Charleston |
State | SC |
Property Type | Office |
Postal Code | 29464 |
Date Modified | 2018-01-02T09:13:24 |
Property Status | Existing |
Status | Pending/Contingent |
Title | Mt. Pleasant Office For Sale |
Listed by: Lee & Associates - Charleston | 843-747-1200
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.