5450 Memorial Blvd - Warehouse FOR SALE


Saint George, SC 29477
$1,900,000 USD
864-978-3704
5450 Memorial Blvd, Saint George, SC for Sale
$1,900,000 USD
Warehouse - FOR SALE
1/15
null | 7.72% Cap Rate

5450 Memorial Blvd
Saint George, SC 29477


HIGHLIGHTS

  • 100% leased ±8,250 SF flex/warehouse building
  • Offered at $1,900,000 at a 7.74% cap rate
  • Two additional unleased parcels provide future development potential
  • ±9,800 SF of covered carport space
  • Two miles from I-95 and located within a designated Opportunity Zone
  • ±470 feet of highly visible frontage along US-78

OVERVIEW

5450 Memorial Boulevard is 100% leased and offered for sale at $1,900,000 at a 7.74% cap rate. The property features a ±8,250 SF flex/warehouse building with an additional ±9,800 SF of covered carport space situated on ±4.02 acres across three commercial parcels in St. George, SC. The main warehouse offers a 30.8' ceiling height, 25' clear height, and 19' eave height, while the smaller warehouse features a 14' clear height. With ±470 feet of frontage along US-78 and a location just two miles from I-95, the property provides convenient access to the I-95/I-26 corridor between Charleston and Columbia. The property is located within a designated Opportunity Zone and includes ±2.10 acres of cleared surplus land, providing additional flexibility for future expansion, development, or a potential pad sale. Two of the three parcels are located outside of the existing leased premises and may be sold or developed separately. Zoned Limited Commercial.

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/SF

$104 USD /SF

CAP RATE

7.72%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

St. George Commercial Site and Lay Down Yard

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

UTILITIES

-

CLEAR CEILING HT

25 Ft

DOCKS

-

DRIVE INS

3

PARKING SPACES

20

LAND DETAILS

LAND ACRES

4.04

LAND SF

176,127

ZONING

LC-SG

APN/PARCEL ID

045-15-03-003,045-15-03-004,045-15-03-014

ASK ABOUT THIS PROPERTY

Jon-Michael BrockColliersMore Info
864-978-3704

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Jon-Michael BrockColliersMore Info
864-978-3704

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