MLS# 31002959 | 216 Myers Road Summerville SC | subdivision
843-225-7007
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Summerville, SC 29486
- $438.89Price per SqFt
- 9,000SqFt
- 30Days on Market
- N/AZoning
- 1993Year Built
- OfficeUse
- MLS# 31002959
- Commercial Sales
- Office
- Active Contingent
- Approx Time on Market1 month, 2 days
- AreaGoose Creek / Moncks Corner - Hwy17a- Hwy52
- CountyBerkeley
- Subdivision N/A
Overview
This two-unit, 9,000 SF office building is fully leased with a 5-year lease term for each unit and a current NOI of just below $235,000. There is a vacant acre on the east side of the existing building which has ample space for another similar building and therefore the ability to double the rental income on this property. It is located on a desirable, high traffic state road that connects 17-A and HWY 176. There is a new residential development adjacent to the property that is expected to hold ~220 rooftops with potentially ~200 more in second phase. Property is 5 min from booming Carnes Crossroads development. Building exterior completely renovated 2020 and interior was built to suit for each tenant at beginning of lease term. Zoned Rural and Neighborhood Commercial. One active tenant, Acuity Dental-Orthodontics (Suite A), has a 5-year lease with option to renew in 2026. The other suite is currently vacant. Approximately 1 acre of buildable land included in listing. See attachment for conceptual design of additional building. Conceptual drawings are purely conceptual and have not been submitted for any approvals.
Building Info
Anchored: No
Year Built: 1993
Financial
Garage / Parking
Parking Type: Surface
Lot Info
County: Berkeley
Land Size: 2.72
Misc
Class of Space: Class A
Title: 216 Myers Road-Office and Additional Land
Offer Compensation
Property Info
Ceiling Height Maximum: 17.00
Second Property Subtype: Office, Retail
Zoning: Berkeley - RNC - Rural and Ne
Nearest Msa: Charleston-North Charleston, SC
Property Type: A
Original Price: $4,800,000
Ceiling Height Minimum: 9.00
Property Use Type: Business Park, Commercial, Investment, Medical/Dental, Mixed Use, Office, Recreational
Class Type: Office
Sold Info
Sqft Info
Rentable Area: 9000
Unit Info
Utilities / Hvac
Water Source: Public
Sewer: Public Sewer
Directions
From Dowtown Charleston, take I-26 W towards Columbia. Take exit 203 to College Park Road. In 3.3 miles, turn right onto Edgebrook Road. Follow the road only 0.3 miles and then turn onto Myers Road. In 0.6 miles, turn left into the parking lot.Courtesy of listing office Carolina One Real Estate
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