The Property is comprised of two parcels located at 724 Main Road and 3626 Belvedere Road, just North of the Stono Market and Tomato Shed Cafe. This property consists of a recently-renovated office building that is +/-1,308 square feet located on +/-2.11 acres. The combined properties have separate gated entrances off Main Road and Belvedere Road, which are connected via a gravel road. The Property is located within the Belvedere-Main Commercial (BMC) Overlay District, which allows for a broad range of uses, including most industrial services. The rental rate of $6,000.00/month NNN includes the office building, utility shed, 40' container for additional storage and +/-2.0 acres of laydown yard.Tenant will reimburse Landlord for taxes and insurance, which are estimated to be an additional $1,186.93/month. Tenant shall contract directly with service providers for utilities, landscaping, regular HVAC maintenance, pest control, security monitoring company (if required) and regular gutter cleaning. +/-19,200 Average VPD.
| City Name | Johns Island |
| County | Charleston |
| State | SC |
| Property Type | Office |
| Postal Code | 29455 |
| Status | Active |
| Parcel Number | 283-00-00-281 |
| Title | Office and Laydown Yard for Lease |
Listed by: Palmetto Commercial Prop, LLC
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.
