www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
23558013
23558036

5880 Rivers Avenue, North Charleston, SC 29406

AC
SC SC 103842
Carolina One Real Estate
Listed by Carolina One Real Estate
$2,700,000
374 days on market
Updated 64 days ago

5880 Rivers Avenue

Details
APN 4720300111
Property Type Office
Sub Type Medical Office, Traditional Office (+1)
Square Footage 6,800
Units 1
Cap Rate 6.40%
Occupancy 100%
Tenancy Multi
Class B
Year Built 2007
Stories 2
Acreage 1.020
Zoning City of North Charleston - B-2 - General Business District
Parking Spaces 30 spaces
Parking Per SqFt 4.41

fully leased investment property for sale

Marketing description

6.4% cap rate! Fully Leased Medical and Office Building available for sale with great access and visibility from Rivers Ave (37,800 vehicles per day). The 2-story building is approximately 6,800 SF and sits on 1.02 AC. The back parking lot allows for ample parking (approximately 30 spaces) under magnificent live oaks. Year 1 Net Operating Income is $172,439.The first floor is approximately 4,200 SF of medical office that was renovated in 2022. First floor is owner occupied, inquire for lease terms. The first floor consists of an oversized waiting room, 10 exam rooms, 4 restrooms, 8 offices, nurses' stations, reception, check out, and storage room. There is access to the second floor from the first floor and a future elevator shaft (no elevator at present). See attached floor plan. The second floor is approximately 2,600 SF and is occupied by a law firm with a long-term lease in place. The second floor was recently renovated in 2023 and has its own exterior gated private entrance which leads into the stairwell, with great natural light from the oversized window, up to the second floor. Upon reaching the top of the stairs, you enter a large lobby and break room. The rest of the layout consists of 5 private offices, a large conference room, 2 bathrooms, and 8 dormer closets that are built out to full ceiling height, contain their own windows, and have AC and lighting. Additionally, there are two unconditioned attic spaces (not included in SF). Most all of the offices have windows. The property is in close proximity to I-26. The premises is highly secure, with a gated second floor entry area, video surveillance around the exterior of the property, and a separate alarm system in place for first and second floor. Active Leases in place. Do NOT approach business or employees.
Icon
Powered by South Carolina Association Of Realtors
Learn More

Listing Contacts

AC
SC SC 103842
Carolina One Real Estate
Listed by Carolina One Real Estate

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
April Curci
License
SC 103842
Brokerage
Carolina One
Brokerage Phone
6026253104
Brokerage Address
191 Rutledge Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591