200 Meeting St - Office FOR SALE


Charleston, SC 29401
$50,000,000 USD
203-927-7480
200 Meeting St, Charleston, SC for Sale
$50,000,000 USD
Office - FOR SALE
1/25
null | Request Cap Rate

200 Meeting St
Charleston, SC 29401


HIGHLIGHTS

  • Below-Market Average In-Place Office Rents:
  • Investment Grade Credit Tenants
  • Potential for Numerous Business Plans
  • Value-Add Property
  • Flexible Floor Plan Availability
  • Prime Downtown Location

OVERVIEW

Virtual Data Room: http://Www.200meetingstreet.com Avison Young, serving as the exclusive agent, is excited to present the sale of 200 Meeting Street – a 4-story mixed-use property with an attached 355-car garage, centrally located in historic Charleston, South Carolina. Nestled in a prime spot surrounded by a blend of cultural heritage and modern conveniences, this property holds a strategic position in the financial and commercial hub of the SC Coastal Region. Boasting a growing population, a technically skilled workforce, and global marketplace connections, Charleston provides an ideal backdrop for this investment opportunity. The property's average in-place office rents, currently 24% below market value, offer significant potential for increased returns through capital investment and a revamped marketing and lease-up strategy. Additionally, the existing vacancy opens up possibilities for a coveted residential conversion in this highly desirable urban locale.

FOR SALE DETAILS

PRICE

$50,000,000 USD

PRICE/SF

$344 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

A

YEAR BUILT

1991

SPRINKLERS

-

PARKING SPACES

355

LAND DETAILS

LAND ACRES

1.47 AC

LAND SF

64,033 SF

ZONING

GB

APN/PARCEL ID

458-05-03-001

ASK ABOUT THIS PROPERTY

Erik EdeenAvison YoungMore Info
203-927-7480

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Erik EdeenAvison YoungMore Info
203-927-7480

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.