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710 Sandy Ln 9,600 SF Industrial Building Surfside Beach, SC 29575 $1,675,104 CAD ($174.49 CAD/SF) 6.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Tenant in place
- 12 10x20 self storage units
- 2 Roll up doors
EXECUTIVE SUMMARY
Total of 9600 sqft! 12 Storage units(2400 sqft) and 7200 sqft flex/warehouse available in Surfside Beach, just off Hwy 17 Business. Situated on two lots totaling approximately 0.62 acres, this fenced-in property offers ample space and flexibility for a variety of business needs. Current Tenant has lease in place until December 2028 with the lease, property is a current 6.5 cap rate property. Opportunity to increase cap rate and return when lease is complete. Improvements include a spacious warehouse with two roll-up truck doors for easy loading/unloading, an office, reception area, and break room as well as 12(10x20) storage units for extra income potential. Zoning is C-1 Commercial which allows for multiple business uses. This well-located property offers excellent accessibility and visibility in a high-demand area. Whether you're an owner-user looking for a prime space or an investor seeking a valuable commercial asset, this property is a must-see!
PROPERTY FACTS
| Price | $1,675,104 CAD | Lot Size | 0.63 AC |
| Price Per SF | $174.49 CAD | Rentable Building Area | 9,600 SF |
| Sale Type | Investment | No. Stories | 2 |
| Cap Rate | 6.50% | Year Built | 1984 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Parking Ratio | 2.08/1,000 SF |
| Building Class | C | No. Drive In / Grade-Level Doors | 2 |
| Zoning | C-1 - Commercial | ||
| Price | $1,675,104 CAD |
| Price Per SF | $174.49 CAD |
| Sale Type | Investment |
| Cap Rate | 6.50% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.63 AC |
| Rentable Building Area | 9,600 SF |
| No. Stories | 2 |
| Year Built | 1984 |
| Tenancy | Single |
| Parking Ratio | 2.08/1,000 SF |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | C-1 - Commercial |
AMENITIES
- Fenced Lot
- Reception
- Storage Space
- Air Conditioning
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $35,063 CAD | |
| Land Assessment | $18,287 CAD | Total Assessment | $53,350 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$18,287 CAD
Improvements Assessment
$35,063 CAD
Total Assessment
$53,350 CAD
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Presented by
Marek Property Advisors
710 Sandy Ln
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