260 Midway Drive, Union, SC for sale

Investment Overview

Investment Highlights

• Building Size:
• Approximately 122,556 square feet consisting of:
• 100,300 square feet of ground floor production and warehouse space
• 8,873 square feet of mezzanine production, lab and office space
• 13,383 square feet of office space (with another 13,383 of second floor office space in shell condition)
• 100,000 SF expansion pad
• Site:
• Approximately 24.93 acres
• Date of Construction:
• Shell = 2018, Buildout = 2023
• Dimensions:
• Approximately 250’ x 400’
• Condition of Property:
• Excellent
• Ceiling Heights:
• 33’ – 36’6” clear height
• Column Spacing:
• 50’ x 50’
• Lighting:
• Food and pharma grade LED
• Office Facilities:
• 13,383 square feet of Class A office space with numerous conference and meeting rooms.
• Elevators:
• One passenger elevator for the office and one for the mezzanine
• Parking:
• Paved parking for approximately 113 vehicles plus 5 handicapped parking spaces
• Former Use:
• Life science and biotechnology production plant to produce man-made leather material from fine mycelium.
• Truck Loading:
• Three (3) 9’ x 10’ manual dock high doors with pit levelers, seals, bumpers and lights. One 9’ x 10’ trash compactor dock high door
• One 14’ x 16’ drive in door and one 10’ x 14’ drive in door
• Construction:
• Floors: 8” concrete slab reinforced over 15 mil vapor barrier with a 4” granular sub-base
• Walls: Insulated precast concrete on 3 walls. Insulated metal panels on the west expansion wall.
• Roof: 60 MIL TPO > rigid insulation > metal deck = R-20. Slope = ¼” per foot (installed in 2018)
• Columns: Steel box
• Power:
• Supplied by Lockhart Power
• Two 34.5 KV pad mounted transformers supplying two Leman Engineering 4000A, 277/480V, 3 Ph. 4 wire switchgear panels
• Two Power Temp Systems 4000A, 277/480V Generator Connection Cabinets (generators were never installed)
• Natural Gas:
• Supplied by City of Union, 4” distribution main line
• Water:
• Supplied by City of Union. 10” water main with an 8” service line to the building which feeds a 4” domestic line for the building.
• Sewer:
• Supplied by City of Union. 8” gravity sewer main line fed by a 6” wastewater line from the building
• Telecommunications:
• Supplied by AT&T or Charter Communications.
• Fiber optic line to the building
• HVAC:
• 100% heated, cooled and humidity controlled via four 150-ton Trane RTU’s and two 155-ton Trane chillers. There are seven more large RTU heating and cooling units on the roof.
• Sprinkler System:
• 100% wet ordinary hazard system with a 0.20 GPM/ SF density and an 8” PVC fire loop around the building
• Compressors:
• Two Ingersoll Rand 100 HP oil-free rotary screw compressors. Built in 08/2022
• Boilers:
• Two Miura tankless steam boilers with a 6900 LB/HR steam capacity. Built in 12/2022
• Chillers:
• Two Trane chillers
• Silos:
• Two Laidig Systems 64’2” tall x 18’6” diameter wood flour silos with a 12,640 CF capacity each. Built in 09/2023