Carolina Regional Park
Multi-Tenant Industrial | Orangeburg, SC
Marketing description
Furman Capital Advisors is pleased to offer a fee simple interest in Carolina Regional Park in Orangeburg, SC.
Investment highlights
Strategic Location in a Strong Commercial Corridor: Located within the commercial corridor of St. Matthews Rd (also part of U.S. Hwy 601) and I-26, one of Orangeburg's major commercial and medical corridors, this property is uniquely poised to benefit from its strong market exposure.
Proximity to Medical and Education: Located approximately 1 mile from Orangeburg-Calhoun Technical College, with an enrollment of more than 2,200 students, and just 1.3 miles from the 286-bed MUSC Health Orangeburg hospital, the property benefits from strong educational and healthcare anchors within the surrounding corridor.
Strong Annual Rent Increases: With four of the five tenants on scheduled 3% annual rent bumps, this opportunity offers investors strong staggered annual rent growths from the majority of its tenant mix.
Mission-Critical Distribution Location: Orangeburg, SC benefits from a highly strategic location approximately midway along the Eastern Seaboard, providing efficient north-south distribution connectivity between the Northeast and Florida markets via I-95, the Southeast's primary logistics corridor.
Excellent Interstate Access: Situated directly on I-26 (Nominally East/West), linking the property directly to the Port of Charleston, Columbia, and the broader Southeast distribution network, and only minutes from I-95 (North/South), the East Coast's primary freight and logistics corridor stretching from Miami to New York and beyond, the property offers exceptional access to 30% of all US manufacturing facilities within a one-day drive.
Close Proximity to Major Ports: Orangeburg, SC is situated less than an hour drive from the port of Charleston, SC (the East Coast's deepest and 4th busiest port) and less than a two hour drive from the port of Savannah, GA (2nd busiest port on the East Coast), making it an attractive location for industrial manufacturing and distribution.
Premier Workforce & Business Climate Advantage: The property offers direct access to skilled labor (±8,000 college and technical college students), a pro-business state ranked #1 in the nation for business incentives and #2 overall for doing business, right-to-work state, low-cost of living, major interstate access, and much more.
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