The subject property is located on the south side of West Montague Avenue between its intersection with Ozark Street and Calvin Street in the City of North Charleston, south Carolina. Subject property neighborhood boundaries have been defined as the intersection of Rivers Avenue (HWY 52) and Ashley phosphate Road to the north; The Neck area of Charleston to the south ; the Ashley River to the west and Spruill Ave east. Subject property is located on Wes Montague Ave. Located Between I-26 and Dorchester Road. just East of the property has undergone a tremendous amount of growth and re-development over the past decade due to the proximity to the North Charleston Coliseum and the north Charleston Performing Arts CenterBoth of these facilities relocated just north of the intersection of West Montague Ave. and international Ave. which is located just east of the subject property. New commercial development along West Montague and InternationalAve include: new office building, Several new hotels several new strip retail centers and a large retail center.
| Acres | 2.46 |
| Area | North Charleston Inside I-526 |
| City Name | North Charleston |
| County | Charleston |
| State | SC |
| Property Type | Office |
| Postal Code | 29418 |
| Square Feet | 20000 SF |
| Date Modified | 2019-02-25T07:32:35 |
| Property Status | Existing |
| Status | Active |
| Title | 20,000 SF Building North Charleston |
| Zoning | CRD |
Listed by: Century 21 Properties Plus | 843-871-2121
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.
