Approximately a 7% cap rate basd on current income. 1801 Reynolds Ave. is a 7,200 SF multi-tenant retail and office building that is located near the historic Charleston Navy Base Redevelopment. The property was completely renovated in 2018 with a new roof, commercial plate glass store fronts and windows, and tenant spaces being constructed with high end interior finishes. Off-street parking ratio of 2.5/1000. Property is currently 81% occupied but additional leases are shorter term which would allow for an owner occupier to take space and lease the balance out. Located in Opportunity Zone.
Listed By
Agency Name: Harbor Commercial Partners, LL
SCCMLS
Shown By
Agency Title: Carolina One Real Estate
Agency Phone: (843) 203-5016
SCCMLS
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1801 Reynolds Avenue, North Charleston, SC 29405.
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