Property profile

5801 N Rhett Ave Hanahan, SC 29410

FOR LEASE
Industrial properties
Property ID
US77-1127990
197,100 SF 34.14 ac lot Built 1986
Trust Owned 9-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

North Rhett Commerce Center offers exceptional industrial space for lease in Berkeley County, South Carolina. This multi-tenant property boasts a total of 313,343 square feet of warehouse, distribution, and manufacturing space, with two immediately available units. One unit encompasses 101,823 square feet, while the other offers a substantial 211,680 square feet. The property's strategic location provides unparalleled access to Charleston's major port terminals, significantly reducing transportation times and costs. Furthermore, the site benefits from convenient CSX rail access, offering an efficient alternative for freight transport. Businesses will appreciate the ease of access to both Interstate 26 and Interstate 526, ensuring seamless connectivity throughout the region. This prime location, combined with the substantial square footage available, makes North Rhett Commerce Center an ideal choice for companies seeking efficient and strategically located industrial space to support their operations. The flexible space options cater to a variety of business needs, from smaller distribution operations to large-scale manufacturing facilities. Interested parties are encouraged to inquire about lease terms and availability for these exceptional industrial spaces. The property's size and location offer a significant advantage for businesses seeking to establish or expand their presence in the Charleston area.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1986
Total area 197,100 SF
Lot 34.14 ac (1,487,138 SF)
Zoning code HANAHAN - ID
APN 266-09-00-015
UPID US77-1127990

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Logistics Company Freight Service
  • Warehouse & Storage
  • Factory Production Facility
  • Warehouse & Storage
  • Freight Service Logistics Company

Location

5801 N Rhett Ave Hanahan, SC 29410
Hanahan metro Census 21000 CHARLESTON-NORTH CHARLESTON, SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.16M

Owner & transaction history

since 2016
7 recorded transactions
2016
$29.0M
2016
Price N/A
2015
Price N/A
2013
$19.3M
2013
Price N/A
2008
Price N/A
2006
$14.9M

Zoning & alternative use

HANAHAN - ID · Hanahan, SC
Top alternative use upside
Auto repair, garage $34.1M +1.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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