Overview

Description

• Opportunity to acquire a 100% occupied two-tenant flex industrial building on passive net leases
• Chugach (79% GLA) features a 6-year lease with 3.50% annual rent increases
• Hobart (21% GLA) is paying 50%+ below market rent with an upcoming lease expiration in December 2025
• The property is in great condition following a 2018 renovation featuring a new roof

• Strong Industrial Market with close proximity to major transportation routes such as I-26, the Charleston International Airport, and the Port of Charleston
• Located in one of the region’s most bustling industrial parks located off Ashley Phosphate Drive, less than 2 miles off I-26 (115,000 VPD) and within 4 miles from Charleston International Airport
• The subject property features 3 dock doors and 3 drive-in’s
• Excellent visibility and multiple points of access

---