Current Use by Public Records
- Warehouses
Property Details for 392 Marble Rd
- Year built
- 2024
- Lot size
- 1.34 lot acres
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
This exceptional Class A industrial flex warehouse, located at 392 Marble Rd, Hardeeville, SC 29927, presents a compelling investment opportunity. The property boasts 29,622 square feet of net rentable space within a single-story building constructed in 2024, situated on a 1.34-acre lot. Currently 100% occupied by a credit-rated tenant under a 10-year NNN lease commencing May 1, 2024, and expiring May 1, 2034, this investment offers significant long-term stability. The lease includes a built-in 3.5% annual rent increase, ensuring consistent income growth. The property features a ceiling height ranging from 16 to 20 feet, providing ample vertical space for various industrial uses. With a strong net operating income (NOI) of $459,141 and a 6.00% cap rate, this asset offers an attractive return on investment. The strategic location within the Freedom Industrial Park, just 10 minutes from the Georgia Garden City Terminal, 3 miles from I-95 exit 5, and 20 minutes from Bluffton/Hilton Head, provides excellent access to major transportation arteries and a thriving regional economy. The asking price is $7,652,350, translating to $258.33 per square foot. This is a turnkey investment with a long-term lease in place, offering predictable cash flow and significant upside potential. The property's APN is 039-00-03-022.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hardeeville
- County
- Jasper
- State
- South Carolina
- Longitude
- -81.068
- Latitude
- 32.2025
