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3185 Industry Dr North Charleston, SC 29418

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For Sale
$3,380,000

Industrial property in North Charleston with long-term lease in place.

Property size:
16,132 SF
Lot size:
1.46 Acres

Property Features for 3185 Industry Dr

General Information

Size
16,132 SF
Lot size
1.46 Acres

Source: NAI | Charleston Agent Sarah B Shelley

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

North Charleston Industrial Investment Property

This industrial property features a building with approximately 13,882 square feet and an additional 2,250 square feet. The property includes an approximate 1-acre fenced yard and ample parking. It is zoned (LI) Light Industrial within the City of North Charleston. The property is being offered for sale as an investment with a current lease in place. The Net Operating Income (NOI) is $252,000, reflecting a 7.52% cap rate. The lease is a NNN (triple net) lease type and has a remaining term of 10 years from the closing date. The lease includes two options to renew, each for a period of 5 years, with 3% annual increases.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Warehouses

Suggested Use

Restaurant Realty agency Law Firm Dental Office Spa & Massage Hair Salon Wholesale Shop Hotel & Motel Pharmacy Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

American Storage, Public Storage, Allied Van Lines, Westbrook Charleston LLC., CubeSmart Self Storage

Location Insight

  • Map
  • Local Demand
City
North Charleston
County
Dorchester
State
South Carolina
Longitude
-80.065451
Latitude
32.92505

FAQs

What type of property is this?
Warehouse - Industrial property in North Charleston with long-term lease in place.
Where is this warehouse located?
The property is located at 3185 Industry Dr North Charleston, SC.
What is the asking price?
The asking price for this property is $3,380,000.
What are key features of this property?
This property features: - NNN Lease Type; - Attractive 7.52% Cap Rate; - $252,000 NOI
More about this property
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