INDUSTRIAL VALUE ADD SWEAT EQUITY LEASE - THEN RENT
Spaces
Industrial Value Add Sweat Equity Lease - Then Rent Inception 146,270 SF (AS IS) Tenant Fix Up
Building description
Year Built: 1963
Condition: Average, with the tenant responsible for upfit of the AS IS space in exchange for 5 to 6 months of negotiable free rent. An initial negotiated deposit covers lease security and soft costs. Any insurance is solely the Tenant’s responsibility.
SALE: Make Offer Seller May Consider
Area
Office: 4,000 sq ft
Manufacturing/Warehouse: 137,000 sq ft
Construction
Floor: 6-inch concrete
Walls: Brick and insulated metal
Roof: Built-up with insulation and metal
Interior Features
Ceiling Height (center): 27 ft
Ceiling Height (eaves): 13.33 ft
Height under beam (eaves): 11.33 ft
Column Spacing: 25'x50', 25'x70', 30'x21'
Sprinkler Coverage: 100% wet
Exterior Features
Drive-in Doors: 2
Loading Docks: 3
Site Size: 7.76 acres
*SITE NEEDS CLEANUP AND WORK*, with the tenant responsible for the effort, utility connections or reconnections, literally any and all aspects (sweat equity) in exchange for months of no rent, other than tenant expenses for any work done or any other aspects. The broker is appointed to conduct site visits to verify cleanup and sweat equity progress. If the tenant ceases work, rent begins. The initial negotiated deposit covers soft costs.
This property features a large, Class B, light manufacturing-zoned industrial space totaling 146,270 SF.
LEASEHOLD HIGHLIGHTS
146,270 sq ft industrial warehouse in Johnsonville, SC
Favorable clear height: At 80,000 sq ft, ceiling height is 13'4" (11'4"-12' under beam) at eaves, 21'8" (19'4"-20' under beam) at center; in 39,000 sq ft, 13'5" to 14'7"; and in 18,000 sq ft, 23'4" (20'7" under beam) at eaves, 27' (23'11" under beam).
Unique value-add opportunity for an industrial owner-user or regional developer.
Prime location: Strategically situated between Charleston, SC, Columbia, SC, and Charlotte, NC, with easy access to multiple ports.
Proximity:
Less than a mile from the nearest rail line (CSX)
Closest interstate: I-95, 36.17 miles
Closest commercial airport: Florence Regional, 31.48 miles
Closest port: Georgetown, 37.41 miles
Year built: 1963
Condition: Average but solely Tenant Upfit of AS IS SPACE (in all respects) in return for 5 to 6 months of negotiable free rent. Initial Negotiated Deposit to cover Lease Security and Soft Costs.
Area
Office: 4,000 sq ft
Manu./Warehouse: 137,000 sq ft
Construction
Floor: 6 in Concrete
Walls: Brick and Insulated Metal
Roof: Built-Up and Insulated Metal
Interior Features
Ceiling Height (Center): 27 ft
Ceiling Height (Eaves): 13.33 ft
Height Under Beam (Eaves): 11.33 ft
Column Spacing: 25'x50', 25'x70', 30'x21'
Sprinkler Coverage: 100% Wet
Exterior Features
Drive in Doors: 2
Loading Docks: 3
Site Size: 7.76
*SITE NEEDS CLEANUP AND WORK*, AND THAT IS THE TENANT'S RESPONSIBILITY OF SWEAT EQUITY IN EXCHANGE FOR MONTHS OF NO RENT OTHER THAN TENANT EXPENSE OF ANYTHING THEY DO. (AS IS) BROKER IS APPOINTED TO CONDUCT SITE VISITS TO VERIFY CLEANUP AS SWEAT EQUITY IS SUFFICIENT AND IN PROGRESS - IF TENANT CEASES RENT BEGINS THEN. INITIAL NEGOTIATED DEPOSIT TO COVER SOFT COSTS. (AS IS, WHERE IS)
This Property Features a Large Class B Light Manufacturing Zoned Industrial (146,270 SF)
LEASEHOLD HIGHLIGHTS
146,270 sq ft Industrial Warehouse - Johnsonville, SC
Favorable Clear Height: Clear ceiling height in 80:000 sq ft: 13'4" (11'4"-12' under beam) at eaves, 21'8" (19'4"-20' under beam) at center. In 39,000 sq ft: 13'5"-14'7". In 18,000 sq ft: 23'4" (20'7" under beam) at eaves, 27' (23' 11" under beam)
Unique Value-Add Opportunity: For an Industrial Owner-User or Regional Developer
Prime Location: Strategically located between Charleston, SC, Columbia, SC, and Charlotte, NC, with easy access to multiple Ports.
Proximity:
Conveniently Located Less than a Mile from the Closest Rail Line (CSX)
Closest Interstate: I-95 - 36.17 Miles
Closest Commercial Airport: Florence Regional - 31.48 Miles
Closest Port: Georgetown - 37.41 Miles
Year Built: 1963
Condition: Average
Buildout Website: https://buildout.com/website/1598673-lease?template_id=5
Building highlights
*SITE NEEDS CLEANUP AND WORK*, with the tenant responsible for the effort and any insurance, utility connections or reconnections, any and all aspects (sweat equity) in exchange for months of no rent, other than tenant expenses for any work done. The broker is appointed to conduct site visits to verify cleanup and sweat equity progress—if the tenant ceases work, then rent begins. The initial negotiated deposit covers soft costs.
This Property Features a Large Class B Light Manufacturing Zoned Industrial (146,270 SF)
Favorable Clear Height: Clear ceiling height in 80:000 sq ft: 13'4" (11'4"-12' under beam) at eaves, 21'8" (19'4"-20' under beam) at center. In 39,000 sq ft: 13'5"-14'7". In 18,000 sq ft: 23'4" (20'7" under beam) at eaves, 27' (23' 11" under beam)
Unique Value-Add Opportunity: For an Industrial Owner-User or Regional Developer
Prime Location: Strategically located between Charleston, SC, Columbia, SC, and Charlotte, NC, with easy access to multiple Ports.
Proximity:
Conveniently Located Less than a Mile from the Closest Rail Line (CSX)
Closest Interstate: I-95 - 36.17 Miles
Closest Commercial Airport: Florence Regional - 31.48 Miles
Closest Port: Georgetown - 37.41 Miles
Buildout Website: https://buildout.com/website/1598673-lease?template_id=5
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