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1133 Cainhoy Rd 12,000 SF 100% Leased Industrial Building Charleston, SC 29492 $2,799,999 ($233.33/SF) 7.71% Cap Rate
Executive Summary
Cash Cow! Brings in $21,000 a month when fully leased. 12,000 sq ft building sitting on 2.13 acres surrounded by massive changes to the surrounding area with homes and storefronts being built everywhere, major potential for growth.
Currently one half the interior rents for $7000 3 units rent for a combined $8000. A small office and 15 trailer parking spots rent for $3000 on the lay down land and the other lay down land rents for $3000. Tenants have all been there for 3 years and would love to sign long term leases.
12,000 SF total. All tenants would need 2-3 months before vacating except the one half 6000 sq foot unit, but would also be willing to stay in place. Current income is $21,000 NNN is the total income with all spaces leased.
Currently one half the interior rents for $7000 3 units rent for a combined $8000. A small office and 15 trailer parking spots rent for $3000 on the lay down land and the other lay down land rents for $3000. Tenants have all been there for 3 years and would love to sign long term leases.
12,000 SF total. All tenants would need 2-3 months before vacating except the one half 6000 sq foot unit, but would also be willing to stay in place. Current income is $21,000 NNN is the total income with all spaces leased.
Property Facts
| Price | $2,799,999 | Lot Size | 2.13 AC |
| Price Per SF | $233.33 | Rentable Building Area | 12,000 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Cap Rate | 7.71% | Year Built | 2005 |
| Property Type | Industrial | Parking Ratio | 1.67/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 28’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 8 |
| Zoning | LI - Light Industrial | ||
| Price | $2,799,999 |
| Price Per SF | $233.33 |
| Sale Type | Investment or Owner User |
| Cap Rate | 7.71% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 2.13 AC |
| Rentable Building Area | 12,000 SF |
| No. Stories | 1 |
| Year Built | 2005 |
| Parking Ratio | 1.67/1,000 SF |
| Clear Ceiling Height | 28’ |
| No. Drive In / Grade-Level Doors | 8 |
| Zoning | LI - Light Industrial |
Amenities
- Fenced Lot
- Signage
1 1
Not walkable
10/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 263-00-01-065 | Improvements Assessment | $65,208 |
| Land Assessment | $25,560 | Total Assessment | $90,768 |
Property Taxes
Parcel Number
263-00-01-065
Land Assessment
$25,560
Improvements Assessment
$65,208
Total Assessment
$90,768
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1133 Cainhoy Rd