MLS# 29853971 | 3820 Faber Place Drive North Charleston SC | subdivision

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$7,500,000 | N/A beds | N/A full baths | N/A half baths | 39,742 sqft

$7,500,000
3820 Faber Place Drive
North Charleston, SC 29405
  • $188.72Price per SqFt
  • 39,742SqFt
  • 445Days on Market
  • N/AZoning
  • 1992Year Built
  • OfficeUse
  • MLS# 29853971
  • Commercial Sales
  • Office
  • Sold

  • Approx Time on MarketN/A
  • AreaN/A
  • CountyCalhoun
  • SubdivisionN/A

Overview

Triple Net Lease - Investment Sale. Property consists of 4.58 acres of land improved with a single story office/flex building containing 39,742 sf. No core factor. Tenant spaces are built-out to a mixed ratio of office to warehouse space. Price reflects $188.72 psf or a 7.0% cap rate on the net operating income. Offered as a package sale with 3860 Faber Place Drive which is also for sale, see MLS #1501501. DIRECTIONS: I-526 to Leeds Avenue to Faber Place Drive. Building is 0.25 miles down on the left hand side.TENANT INFO: TENANTS INCLUDE BOEING, JOHN S. JAMES COMPANY, ECS CAROLINAS, CUMMING CONSTRUCTION MANAGEMENT AND WINDSTREAM COMMUNICATIONS.


Sale Info

Listing Date: 01-30-2023

Sold Date: 06-30-2016

Listing Sold: 
   7 Year(s), 9 month(s), 21 day(s) ago

Asking Price: $7,500,000

Selling Price: $7,500,000

Price Difference: 
Same as list price

Building Info

Anchored:  No

Year Built:  1992

Financial

Asking Price Type:  Fixed Price

Garage / Parking

Lot Info

County:  Calhoun

Lot Acres Min:  4.580

Land Size:  4.58

Misc

Class of Space:  Class B

Title:  3820 FABER PLACE DRIVE

Offer Compensation

Property Info

Second Property Subtype:  Industrial, Office

Zoning:  City of North Charleston - M-

Nearest Msa:  Charleston-North Charleston, SC

Sale Terms:  Cash, Other

Property Type:  A

Original Price:  $7,500,000

Build To Suit:  No

Property Use Type:  Industrial, Office, Retail

Class Type:  Office

Sold Info

Sold Date:  2016-06-30T00:00:00

Sqft Info

Rentable Area:  39742

Unit Info

Utilities / Hvac

Courtesy of listing office Beach Commercial, A Division of The Beach Company 

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On marshallwalker.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 Marshall Walker Real Estate 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 04-20-2024 8:03 AM 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 04-20-2024 8:03 AM EST est.

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