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27597594
27597595

2728 Depot Rd, Beaufort, SC 29902 For Sale

Principal Advisors
Listed by Principal Advisors
$968,000
277 days on market
Updated 89 days ago

2728 Depot Road

Details
Property Type Industrial, Office
Sub Type Flex
Square Footage 5,050
Net Rentable (SqFt) 5,050
Units 2
Cap Rate 7.50%
NOI $73,550
Occupancy 100%
Tenancy Single
Lease Type Modified
Lease Term 5
Lease Expiration 12/31/2030
Remaining Term 5
Rent Bumps Yes
Lease Options 5 year option to renew
Broker Co-Op Yes
Year Built 1956
Year Renovated 2023
Buildings 1
Stories 1
Acreage 0.440
Zoning T4-NA
Investment Type Stabilized
Tenant Credit Credit Rated
Lease Commencement 10/01/2025
Occupancy Date 10/01/2025
Ground Lease No

Industrial | 7.50% CAP | 5,050 SqFt

Marketing description

True, flex site at 2728 Depot Road, directly fronting the Spanish Moss Trail in the City of Beaufort's artisan corridor. Property contains a ~5,050 SF building, which underwent major renovations and light expansion in 2023/24. Front of the building consists of ~2,800 SF of newly updated flex space with a 2024 central HVAC system, while the rear features a ~2,250 SF warehouse with tall ceilings, a portion of climatized workspace, large bay door, and fenced storage yard. Flexible T4-NA zoning allows for light industrial and a slew of commercial uses. Property to convey with a newly executed, long-term lease with corporate tenancy. This income-based opportunity provides stability with strong upside and represents a compelling opportunity for the savvy investor.

Listing Contacts

Principal Advisors
Listed by Principal Advisors

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$73,550.00
$6,129.17/mo

Valuation Metrics

0
DSCR
7.6%
Cap Rate
7.6%
ROI

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