Ashley Center is a classic suburban, 80,000 sf multi-tenant office building located on the Ashley River in the Faber Place Executive Park. Originally built in 1990 for IBM, the property has recently undergone common area improvements. Suite 100 has two prominent entry locations and can be demised to offer smaller units of space. Tenants in the building include Charleston Regional Development Alliance, Aerotek, Peoples Bank, Parrish & Partners, and Supplemental Healthcare. This premier building is conveniently located off of I-526 and provides tenants with easy access to the entire tri-county area and is an excellent high visibility location.
City Name | North Charleston |
County | Charleston |
State | SC |
Property Type | Office |
Postal Code | 29405 |
Status | Active |
Parcel Number | 412-00-00-038 |
Title | Ashley Center |
Year Build | 1990 |
Zoning | City of North Charleston - M-1 - Light Industrial District |
Listed by: Avison Young - South Carolina Inc
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.