1200 Innovation Way is a totally renovated, 3 story medical and general Class A office building of 44,958 RSF. The landlord is building out 7,244 RSF on the first floor for MUSC now. The building is ready for tenant upfit to suit. Parking is ample at 5/1000. Each floor is 16,880 rentable square feet and can be subdivided to a minimum Suite size of 2,500 RSF. The base rents are $26.00 NNN. The operating costs are expected to be $11.47 with the tenants paying utilities and interior suite janitorial. Landlord will provide a generous upfit allowance. The third floor can provide 16,880 RSF with a private outdoor patio overlooking a large wooded area, The building is in walking distance to multiple retail stores and restaurants in the Market at Oakland Shopping Center.
| City Name | Mount Pleasant |
| County | Charleston |
| State | SC |
| Property Type | Office |
| Postal Code | 29466 |
| Status | Active |
| Parcel Number | 600-00-00-057 |
| Title | 1200 Innovation Way Office Building |
| Year Build | 2010 |
Listed by: CBRE, 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.
