3265 N Carolina Avenue, North Charleston, SC for sale

Investment Overview

NAI Charleston is pleased to present the opportunity to acquire 3265 N Carolina Ave, a recently renovated ±14,278 SF office building offering an attractive combination of value, existing rental income, and owner-user flexibility. The property is currently 83% occupied by six tenants, providing immediate cash flow while leaving up to ±2,400 SF available for an owner-occupant or future leasing upside. Offered at a price well below estimated replacement cost, the property provides an attractive basis for an investor seeking value-add potential or an owner-user looking to occupy space while benefiting from rental income generated by the existing tenants. The property is also located within an Opportunity Zone, adding another potential benefit for qualified investors. MASTER LEASEBACK OPPORTUNITY To provide additional income security and investor confidence, the Seller is prepared to negotiate a master leaseback of remaining vacant suites for up to one (1) year, providing the potential for the buyer to acquire a substantially stabilized, income-producing asset from day one while maintaining the opportunity to lease or occupy the vacant space over time.

Investment Highlights

• Two-story office building
• Occupancy: 83% Occupied - 6 Office Tenants
• Year Built: 1970 & renovated in 2020
• Total Size: ±14,278 SF on ±0.62 AC
• Vacant SF: Up to ±2,400 SF
• Construction: Masonry
• Flood Zone: X (minimal flood hazard)
• Zoning: B-2 (General Business District); City of North Charleston)