TEC EQUIPMENT | NNN INDUSTRIAL | CHARLESTON SC

$ 2,332,000
1100 Business Park Road, Summerville

Overview

  • Updated On:
  • October 3, 2024

Description

  • Brand New 2023 Build | 100% Occupied by TEC Equipment Company | Charleston MSA
  • Tenant is a Subsidiary of CF Evans | One of the Largest 400 General Contractors in the Country
  • Recently Executed 5-Year NNN Lease | 3% Annual Escalations with One, 3-Year Option
  • Minimal Landlord Responsibilities | Brand New Construction with a 20-Year Roof Warranty
  • 2.00 Acres with Rare Heavy Industrial Zoning | Excellent Visibility via Interstate-26
  • Ideal Lot Coverage Ratio for Equipment Rentals & Industrial Outdoor Storage
  • Additional Signage Income by Aloft Media Solutions | 10-Year Absolute NNN Lease
  • Close Proximity to Charleston International Airport & Recently Expanded Port of Charleston
  • Charleston is in the Top Ten Fastest Growing Markets | MSA Growing at 3X the U.S. Population Avg

Address: 1100 Business Park Road
State/County:
Zip: 29483
Country: United States

Property Id: 20403
Price: $ 2,332,000
Price/SF: $277.62
Cap Rate: 5.9%
Lot Size: 2 ACRES
Year Built: 2023

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Ani Paulson

Team Lead | Senior Director Investments

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Ani Paulson

Team Lead | Senior Director Investments
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