131 Hanniford Dr, North Charleston, SC 29418

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Thomas G.

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Building Details:

• Year Built: 1990

131 Hanniford Dr is an industrial property for lease in North Charleston, SC.

NNN Leased Office/Warehouse. Tenant on the lease is Consolidated Water Enterprises (A Culligan Dealer, Culligan Charleston) 40 months left on lease from September 1, 2015. Next 36 month average annual rent is $35,156.77 NNN, a 7.03% capitalization rate. Lease, cash flow and Tenant up fit scope of work referenced in the lease is available upon request. The subject property is improved with a pre-engineered steel building which was constructed, approximately, in the mid 1990's. The building contains 7,080 sf and is a combination office and warehouse area. The building is constructed on a slab foundation with pre-engineered steel frame insulated steel panel walls and roof. The building includes approximately 1,445 square feet of average quality office space on 2 levels and the remaining, 5,635 square feet is average quality warehouse space. There is one drive in door and one truck loading door with doors having a 14' height. The warehouse eave height is approximately 24'. The interior of the office space includes a combination of carpet and tile flooring, wood panel and sheetrock walls, florescent lighting, and average decor. The space includes 3 offices on each floor and 2 bathrooms. Other improvements include a gravel paved parking lot and a 10' chain link fence with 3-strands of barbed wire surrounding the property with two entry gates off of Hanniford Drive. Location is very desirable for typical Tenants for this type building. Building specification came from third parties, buyer to verify all.

DIRECTIONS: From Charleston, take I-26 W and take exit 209-B for Ashley Phosphate Road/US 52 toward Goose Creek/Moncks Corner. Turn left onto Ashley Phosphate Road off of the exit and continue for 3 miles. Turn left onto Hanniford Drive, property will be on your left.


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