2532 Spruill Ave - Warehouse FOR SALE


North Charleston, SC 29405 | 
$5,790,000 USD
864-978-3704
2532 Spruill Ave, North Charleston, SC for Sale
$5,790,000 USD
Warehouse - FOR SALE
1/13
null | 6.98% Cap Rate

2532 Spruill Ave
North Charleston, SC 29405


HIGHLIGHTS

  • ±26,930 SF fully air-conditioned warehouse on ±1.73 acres
  • ±3,900 SF of finished office space
  • Three dock-high doors and two drive-in doors
  • 13.8' clear height and 15.4' ceiling height in the main warehouse
  • Rare conditioned industrial opportunity in the supply-constrained Charleston Neck submarket
  • M2 Heavy Industrial zoning

OVERVIEW

2532 Spruill Avenue is a ±26,930 SF fully air-conditioned warehouse on ±1.73 acres in the Charleston Neck, two miles from the Leatherman Terminal and in close proximity to I-26. The building offers ±3,900 SF of finished office and M2 Heavy Industrial zoning. The main warehouse features a 13.8' clear height and 15.4' ceiling height, three dock-high doors, including two 10' × 8' doors and one 7.8' × 8.3' door, and two drive-in doors including one 9.5' × 10' door and one 20' × 13' door. Fully leased and offered at a 6.98% cap rate, the property presents an opportunity to acquire a stabilized industrial asset in Charleston's highly sought-after Upper Peninsula.

FOR SALE DETAILS

PRICE

$5,790,000 USD

PRICE/SF

$215 USD /SF

CAP RATE

6.98%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1983

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

3

DRIVE INS

2

PARKING SPACES

15

LAND DETAILS

LAND ACRES

1.73

LAND SF

75,359

ZONING

M2

APN/PARCEL ID

466-08-00-499

ASK ABOUT THIS PROPERTY

Jon-Michael BrockColliersMore Info
864-978-3704

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Jon-Michael BrockColliersMore Info
864-978-3704

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.