3255 Fortune DrNorth Charleston, SC 29418

This exceptional investment opportunity presents a fully occupied, multi-tenant industrial facility totaling 30,000 square feet, situated on a 2.36-acre lot in North Charleston, South Carolina. The property, built in 1980 and extensively renovated in 2023, boasts a desirable Light Industrial (M-1) zoning. The asking price is $5,050,000, representing a current cap rate of 6.00% and a pro-forma cap rate of 8.32%. The Net Operating Income (NOI) is currently $302,400, projected to increase to $420,000. The property features two units: a 20,000 square foot unit with approximately 1,250 square feet of office space and an 18,750 square foot warehouse, and a 10,000 square foot unit with approximately 2,000 square feet of office space and an 8,000 square foot warehouse. Both units benefit from 16-foot ceiling heights at the center, and access to two covered loading docks and drive-in doors. The property's strategic location, two miles from Interstate 26, provides easy access to major Charleston area cities. An adjacent 0.65-acre laydown yard offers potential for additional income generation. The property's current 100% occupancy and below-market rents present a compelling investment case. The property's APN is 397-00-00-129. Further details are available upon request.