1992, 1995, 2131, 2331 S Centennial Avenue, Aiken, SC 29803
Commercial property for lease
- Description
- ****SCCMLS requires a dollar amount to be entered in order to activate listings. $1 IS NOT the sales price or least rate. $1 was only entered to activate listings. This is a CALL FOR OFFERS.**** Centennial Corporate Center is a four building, single-story, Class B office complex on 24.6 acres in Aiken, SC. Constructed in 1991, the Property totals 205,000 square feet. Three of the four buildings are fully leased, single-tenant buildings, while the fourth building is currently vacant and set up for multi-tenant occupancy. The current tenant roster is comprised of national tenants including UPS Supply Chain Solutions, AECOM and SCANA Energy Marketing. Ample surface parking is available on-site, with 1,540 spaces providing a parking ratio of 7.5 spaces per 1,000 sf. The Property offers investors a rare value-add opportunity. Currently there is 51,250 sf of vacancy and the weighted average rent of $11.14/ sf is below the submarket average asking rent of $14.29/sf. With a weighted average remaining lease term of 33 months, and a lack of competing properties in the immediate vicinity, the Property is well positioned to capitalized on the low submarket vacancy rates within a highly amenitized and affluent area. The Property is well landscaped and has been professionally managed and maintained. Building price details: $1.
- Contact info
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Gerry J SchauerAvison Young - South Carolina IncJeremy N WillitsAvison Young - South Carolina Inc
- Note
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- Property Details
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Property Type: Commercial (Other) Status: Available Year Built: 1991 Submarket: Business Park MSA: Augusta-Richmond County Buildings: 1 Terms: Undisclosed Added: 05/17/2018