Viewing Listing MLS# 30727170
Charleston, SC 29407
- $248.09Price per SqFt
- 139,060SqFt
- 423Days on Market
- N/AZoning
- 1970Year Built
- OfficeUse
- MLS# 30727170
- Commercial Sales
- Office
- Sold
- Approx Time on MarketN/A
- AreaWest Ashley Inside I-526
- CountyCharleston
- SubdivisionN/A
Overview
South Park Plaza is a 139,060 RSF, three building office complex at Hwy 7, Hwy 17 and I-526 in front of Citadel Mall. MUSC leases 125,942 RSF = 91% of the complex under a lease that runs to the end of 2028 - 7.5 years. Call for details. The prominent and visible location along I-526 in West Ashley, just in front of the Citadel Mall, along with its strong credit tenant, offers investors a rare opportunity in the Charleston market to purchase a stable cash flowing asset with significant upside potential. One South Park Circle, a five-story office building, was built in 1974 and renovated in 2012. Two and Three South Park Circle are both two-story buildings built in 1985. Two South Park Circle is connecting to Building One via an enclosed walkway on both the first and second floors.
Sale Info
Listing Date: 01-30-2023
Sold Date: 09-23-2021
Listing Sold: 
2 Year(s), 6 month(s), 5 day(s) ago
Asking Price: $34,500,000
Selling Price: $34,500,000
Price Difference:
Same as list price
Building Info
Anchored: No
Year Built: 1970
Financial
Asking Price Type: Fixed Price
Garage / Parking
Lot Info
County: Charleston
Lot Acres Min: 10.82
Land Size: 10.82
Misc
Class of Space: Class B
Title: South Park Plaza
Offer Compensation
Property Info
Second Property Subtype: Office
Zoning: City of Charleston - GO - Gen
Nearest Msa: Charleston-North Charleston, SC
Sale Terms: Cash
Property Type: A
Original Price: $34,500,000
Build To Suit: No
Property Use Type: Business Park, Investment, Office
Class Type: Office
Sold Info
Sold Date: 2021-09-23T00:00:00
Sqft Info
Rentable Area: 139060
Unit Info
Utilities / Hvac
Courtesy of listing office CBRE, Inc