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7053 Rivers Ave 11,864 SF Office Building Charleston, SC 29406 $4,870,336 ($410.51/SF) 7.70% Cap Rate

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Investment Highlights

NNN LEASE WITH GEORGE SINK, P.A. INJURY LAWYERS.
LOCATED ACROSS THE STREET FROM TRIDENT TECHNICAL COLLEGE.

FIRE SUPPRESSION SYSTEM THROUGHOUT BUILDING.

Executive Summary

Introducing 7053 Rivers Ave. North Charleston, SC 29406, a prime investment opportunity! This Class A freestanding office building offers approximately 13,785 SF of space on a spacious 1.07-acre lot at the intersection of Hayne St. and Rivers Ave. Boasting a solid 6.5% cap rate, the property features a NNN lease with George Sink, P.A. Injury Lawyers. With 17 private offices, 2 call center/bullpen areas, 7 conference rooms, and more, this building is ideal for a range of office uses. It is conveniently equipped with a fire suppression system and situated just across the street from Trident Technical College and approximately a mile away from Charleston International Airport. Don't miss this chance to own a property in a desirable location with a reputable tenant in place. Contact Cardinal Commercial Properties for more information before this opportunity slips away!

Rivers Ave. 7053 North Charleston, SC (CCP. Flyer)

Property Facts

Sale Type

Investment

Property Type

Office

Building Size

11,864 SF

Building Class

Year Built

2016

Price

$4,870,336

Price Per SF

$410.51

Cap Rate

7.70%

NOI

$375,016

Tenancy

Single

Building Height

1 Story

Typical Floor Size

11,864 SF

Building FAR

0.25

Lot Size

1.07 AC

Zoning

GC - General commercial

Parking

30 Spaces (2.53 Spaces per 1,000 SF Leased)

Major Tenants

Professional, Scientific, and Technical Services
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George Sink Injury Lawyers was founded by George Sink, Sr., a Vietnam veteran who began building the firm in the 1970s and has practiced for decades. The company focuses on personal injury matters, including car accidents, truck wrecks, motorcycle crashes, work injuries, and other injury claims, along with veterans disability and Social Security disability cases. Official firm materials describe a broad regional practice across South Carolina, North Carolina, and Georgia, with services centered on helping injured and disabled clients pursue compensation and benefits. The firm also notes a long operating history dating back to 1974 and a record of serving thousands of clients over time.