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23572794
23572795

765 Long Point Rd, Mount Pleasant, SC 29464 For Sale

EO
SC SC 81680
Oswald Cooke & Associates
Oswald Cooke & Associates
Listed by Oswald Cooke & Associates
$2,550,000
420 days on market
Updated 38 days ago

Mount Pleasant Office Space Investment Opportunity

Details
APN 556-00-00-428
Property Type Office
Sub Type Traditional Office
Square Footage 7,300
Cap Rate 6.23%
NOI $158,746
Occupancy 100%
Tenancy Multi
Lease Type NNN
Broker Co-Op Yes
Year Built 1997
Buildings 1
Stories 1
Acreage 1.000
Investment Type Net Lease

Office | 6.23% CAP | 7,300 SF

Marketing description

Oswald Cooke & Associates is pleased to present a fully leased NNN investment opportunity for sale, ideal for a qualified investor.

This offering features a ±7,300 SF single-story office building situated on a 1-acre parcel. Strategically located on Long Point Road (27,400 VPD) just off Interstate 526 in Mount Pleasant, the property enjoys exceptional visibility and accessibility. Long Point Road is the first exit heading east from North Charleston and Daniel Island, crossing the Cooper and Wando Rivers, and serves as a primary route to the Wando Welch Shipping Terminal.

The corridor is a vital connector for commuters heading to Highway 17 and nearby residential communities and developments to the north.

The property is located near the Belle Hall Shopping Center, anchored by national retailers including Harris Teeter, PetSmart, Stein Mart, CVS, Wells Fargo, and Starbucks. The surrounding area also features Class-A office buildings and a mix of townhome and apartment communities.

Additional traffic drivers in the immediate vicinity include Belle Hall Elementary School, the Jones Center–Mount Pleasant Recreation Facility, East Cooper Baptist Church, and Seacoast Church—recognized as one of the “Ten Most Influential Churches in the United States.”

Investment highlights

SALE PRICE: $2,550,000

CAP RATE: 6.23%

NOI: $158,746

YEAR BUILT: 1997

SQUARE FOOTAGE: 7,300 +/- SF

LOT SIZE: 1 Acre

FLOORS: 1

ZONING: PD (MU Overlay)

MUNICIPALITY: Town of Mount Pleasant

TMS: 556-00-00-428

Listing Contacts

EO
SC SC 81680
Oswald Cooke & Associates
Oswald Cooke & Associates
Listed by Oswald Cooke & Associates

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$158,746.00
$13,228.83/mo

Valuation Metrics

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DSCR
6.23%
Cap Rate
6.23%
ROI

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Additional Information

Name
Edward Oswald
License
SC 81680
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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