1033 Wappoo RdCharleston, SC 29407

This exceptional 23,460-square-foot multi-tenant property at 1033 Wappoo Road in Charleston, South Carolina, presents a compelling investment opportunity. Situated in the desirable West Ashley submarket, this single-story, 1988-built building boasts high visibility and prominent monument signage on Wappoo Road. The property features a blend of flex, retail, office, and warehouse space, currently configured into five units. The warehouse area includes a roll-up door with the potential to add a second. With a pro-forma stabilized NOI of $400,212 and a pro-forma cap rate exceeding 9%, this value-add investment offers significant upside potential. Currently, there are existing tenants in place, and below-market rents provide an excellent opportunity for repositioning and increased profitability. The 13-foot ceiling height in the warehouse adds to its functionality. This property is ideal for an owner-user seeking to occupy a substantial portion of the building or for an investor looking to capitalize on the current market conditions and enhance rental income. The property's location and versatile space make it an attractive option for a variety of businesses. Detailed financial information is available upon request. Please note that existing tenants must not be contacted.