3208 Mill St Summerville, SC 29485

This exceptional 10,468 square foot multi-tenant flex building, located at 3208 Mill St in Summerville, SC 29485, presents a compelling investment opportunity. The Class B property, built in 2001 and situated on a one-acre lot, boasts five units with a current NOI of $139,710 and a pro-forma NOI of $155,150, reflecting a 6.65% cap rate and a pro-forma cap rate of 7.39%. The asking price is $2,100,000, translating to $200.61 per square foot and $420,000 per unit. The property features three dock-high doors and one loading dock, making it ideal for various industrial uses. Currently 100% occupied with a mix of NNN leases, including some month-to-month tenancies offering immediate value-add potential through lease renegotiation. The property's strategic location in the Charleston MSA, near Interstate-26 and the rapidly growing Nexton mixed-use development (less than four miles away), ensures strong tenant demand and future appreciation. The flexible unit sizes, ranging from approximately 1,155 to 5,618 square feet, cater to a diverse range of businesses. This fee-simple ownership opportunity offers significant upside potential for both owner-users and investors. Seller financing is available.