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15 21st Ave 1,613 SF Office Building Isle Of Palms, SC 29451 $985,000 ($610.66/SF) 5.90% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Long term tenant in place
  • Low Maintenance Property
  • Top 3 S.C. areas for land appreciation

EXECUTIVE SUMMARY

Excellent Investment Opportunity – Tenant in Place, Prime Corner Lot
Secure long-term income with this well-positioned 1,613 sq ft property on nearly 1/3 acre, located on a desirable corner lot. The current tenant has approximately 4 years remaining on their lease, with multiple extensions already in place—offering stability and strong cash flow.
Situated in one of South Carolina’s top three areas for land appreciation, this property combines reliable rental income with long-term growth potential. The tenant handles most responsibilities, making this a low-maintenance opportunity for landlords.
Key Highlights:
1,613 sq ft building on ~0.33 acre (buyer to verify)
Strong tenant with lease in place
Minimal landlord responsibilities
Excellent location for appreciation and income
Don’t miss out on this rare, turnkey investment in a high-growth area.
Buyer and/or buyer’s agent to verify all acreage and square footage.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
1,613 SF
Building Class
B
Year Built
1978
Price
$985,000
Price Per SF
$610.66
Cap Rate
5.90%
NOI
$58,115
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,613 SF
Building FAR
0.12
Lot Size
0.30 AC
Zoning
GC - General Commercial

AMENITIES

  • Signage
  • Reception
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
568-08-00-118
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$46,980
  • Listing ID: 37141694

  • Date on Market: 8/6/2025

  • Last Updated:

  • Address: 15 21st Ave, Isle Of Palms, SC 29451

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