1007 JOHNNIE DODDS BLVD Mount Pleasant SC 29464-6123

The AP Group of Marcus & Millichap is pleased to present the opportunity to acquire fee simple interest in a newly renovated flex property located at 1007 Johnnie Dodds Blvd, Mt. Pleasant, South Carolina. Situated on a 3.62-acre lot with AB zoning, the property is occupied by a diverse tenant mix on short-term leases that nearly all feature 3%-5% annual escalations. While the seller is oping to leasing back a portion of the space and/or enter a master lease, the property offers upside by raising below market rents, filling remaining vacancies, or through potential redevelopment.

The Mt. Pleasant Flex Center has recently undergone substantial renovations with capital improvements including HVAC units, parking lot resurfacing and restriping, and faux turf landscaping. Centrally located within one of Charleston’s most affluent and fastest-growing submarkets, the property benefits from excellent visibility via Highway 17 (74,100 VPD) and is surrounded by numerous medical, retail, and multifamily developments.

• Seller Open to Leasing Back Roughly 13,605 SF of the Building or Entering a Master Lease with Negotiable Terms

• Prime Investment Opportunity with Value-Add Potential in the Charleston MSA

• Newly Renovated Flex Property | High-Quality Asset in High Barriers to Entry Submarket

• Substantial Recent Capital Improvements | Over $1.2M in Renovations to the Owner Occupied Unit

• New HVAC Units, Parking Lot Resurfacing/Restriping, & New Faux Turf Landscaping

• Majority of Tenants on Gross Leases | Industrial Tenant on a NNN Lease | 3%-5% Annual Escalations on Nearly All Leases

• Primely Positioned Right Off Highway 17 (74,100+ VPD) in South Mt. Pleasant

• Located in One of Charleston’s Most Affluent & Desirable Submarkets | Avg. HHI Over $153,000 within a 3-Mile Radius

• In Close Proximity to Downtown Charleston, I-526, Novant Health East Cooper Medical Center, & More

• Potential for Redevelopment Opportunity | Large 3.62 AC Lot with AB (Areawide Business) Zoning

Sands Investment Group is Pleased to Exclusively Offer For Sale the 45,605 SF Mt Pleasant Flex Center Located at 1007 Johnnie Dodds Boulevard in Mt Pleasant, SC. This Deal Includes a Rare Opportunity to Acquire a Multi-Tenant Flex Facility at Nearly 100% Occupancy in the Charleston MSA, Providing For a Secured Investment.

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• Rare Opportunity to Acquire a Multi-Tenant Flex Facility at Nearly 100% Occupancy in the Charleston MSA

• Prime Location Just Off U.S. Route 17 in the Heart of Mt. Pleasant, SC (Charleston MSA)

• Short-Term WALT, Giving a Potential Buyer Flexibility and the Ability to Add Value Moving Forward in the Near Term

• Recent Improvements and Capital Expenditures Include the Installation of 2 New HVAC Systems, Recent Parking Lot Resurfacing and Restriping, New Faux Turf Installed Along the Front of the Building to Increase Curb Appeal and Eliminate Mowing and Irrigation Expenses and Over $1.2M Worth of Renovations to Suite 101

• Wealthy Demographics With an Average Household Income of $109,464 and a Population of 95,847 Residents Within 5-Miles

• Nearby Attractions Include: Queensborough Shopping Center, Nordstrom Rack, Publix Supermarket, Trader Joe's, Target, Creekside Tennis and Swim Club, Starbucks and Chick-fil-A

• Charleston is South Carolina’s Oldest and Largest City, and is the Hub of a Large Urbanized Area That Includes Mount Pleasant, North Charleston, Hanahan and Goose Creek

• Main Charleston MSA Attractions Include: Museums, Historic Structures, South Carolina Aquarium, Mount Pleasant Pier and Charleston Harbor; Activities at Charleston Harbor Include: Chartered Fishing and Yacht Tours, Spa Retreats, Helicopter Rides and Museum Tours