588 Old Mt Holly Rd, Goose Creek, SC 29445

Commercial property for lease

• Description
• Great investment opportunity. The parcel is right off the main road in Goose Creek. A beautiful 4055 Sq. Ft. building (very visible from Saint James Ave.) was built in 2013. The building has high end finishes and it is occupied by a long term professional tenant. Additionally, The parcel can fit one more 2900 sq. ft. commercial structure that can be rented out at market rate and make this investment even sweeter. The building currently has a low 15% OPEX. The current CAP rate is 7.72%.The average in Goose Creek is 7.45% for class B+/A- buildings such as this one. Adding a new $300,000 structure, with a yearly rent of $58,000 (at a VERY conservative $20 Sq. Ft. since comparable rents in the area support $25 Sq. Ft. Rents) Puts this investment at a 9.5% CAP. Building price details: $1,300,000.
• Exterior Features

• Parking Type:

  Surface

• Contact info
• Melissa O Franzen

  Brand Name Real Estate
• Note

• Details Info about this row that located on 588 Old Mt Holly Rd, Goose Creek, SC 29445 was got from trusty sources, but HousesForSaleList.com can't guarantee that details about listing price, status, facts, images and owner are correct, because this listing can be changed or removed from market without notice. If You need to receive additional details about this property try to ask directly listing agent or owned.

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