7850 Rivers Avenue is a one story 3,427 SF building on a 0.84 acre site that is at the intersection of Rivers Avenue and Northbrook Blvd across from Northwoods Mall. It was a branch bank building that is now vacant and available for sale. The property is zoned B-2 in The City of Charleston. The site is in front of the North Rivers Market Shopping Center that is anchored by Hobby Lobby, Boot Barn and Party City. The building is brick veneer with a standing seam metal roof. The two HVAC units are new.
City Name | North Charleston |
County | Charleston |
State | SC |
Property Type | Office |
Postal Code | 29406 |
Square Feet | 3427 SF |
Landsize Units | 0.8400Acre |
Status | Active |
Parcel Number | 48400001111 |
Title | 7850 Rivers Avenue |
Year Build | 1990 |
Zoning | City of North Charleston - B-2 - General Business District |
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.