Viewing Listing MLS# 30723608 | 2516 & 2520 Oscar Johnson Drive, North Charleston SC

$3,595,000 | N/A beds | N/A full baths | N/A half baths | 40,393 sqft

$3,595,000
2516 & 2520 Oscar Johnson Drive
North Charleston, SC 29405
  • $89Price per SqFt
  • 40,393SqFt
  • 451Days on Market
  • N/AZoning
  • 1990Year Built
  • IndustrialUse
  • MLS# 30723608
  • Commercial Sales
  • Industrial
  • Sold

  • Approx Time on MarketN/A
  • AreaNorth Charleston Inside I-526
  • CountyCharleston
  • SubdivisionN/A

Overview

This is an excellent opportunity to purchase a centrally located, industrial investment property in North Charleston. The property is leased to Sealoflex Inc., a subsidiary of GAF, which manufactures and distributes Sealoflex products at this location. The current lease term expires on January 31, 2022. The tenant has the option to extend the lease for a period of 5 years. The lease is NNN. In the event the tenant chooses not to extend, this is an ideal opportunity for value add re-development as the rent is below market.The lease and financial material are available after signing the attached Confidentiality Agreement.


Sale Info

Listing Date: 01-30-2023

Sold Date: 08-03-2021

Listing Sold: 
   2 Year(s), 8 month(s), 23 day(s) ago

Asking Price: $3,595,000

Selling Price: $3,595,000

Price Difference: 
Same as list price

Building Info

Anchored:  No

Year Built:  1990

Financial

Asking Price Type:  Fixed Price

Garage / Parking

Lot Info

County:  Charleston

Lot Acres Min:  2.160

Land Size:  2.16

Misc

Title:  Industrial Investment Property - North Charleston

Offer Compensation

Property Info

Second Property Subtype:  Industrial

Zoning:  City of North Charleston - M-

Nearest Msa:  Charleston-North Charleston, SC

Sale Terms:  Cash

Property Type:  A

Original Price:  $3,595,000

Build To Suit:  No

Ceiling Height Minimum:  18.00

Property Use Type:  Distribution, Flex Space, Industrial, Manufacturing, Warehouse

Class Type:  Industrial

Sold Info

Sold Date:  2021-08-03T00:00:00

Sqft Info

Rentable Area:  40393

Unit Info

Utilities / Hvac

Water Source:  Public

Sewer:  Public Sewer

Courtesy of listing office Palmetto Commercial Prop, LLC 

Featured Lender

image

Jim Hutto

Beacon Bank

843-990-5517
jim@beacon.bank
https://www.beacon.bank/connect/our-team/commercial-bankers

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On simplycommercial.com since Mon, Jan 30th 2023
No Property History recorded for this listing.

Residential, Land, Other Disclaimer:

Broker Reciprocity The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Last updated on 04-25-2024 11:55 PM EST . The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 Charleston Trident Multiple Listing Service, Inc. All rights reserved.
Commercial Sale/Lease: Copyright 2024 South Carolina commercial MLS, Inc. All rights reserved. Last updated on 04-25-2024 11:55 PM EST est.

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