5640 Rivers AveNorth Charleston, SC 29406
- Office properties
- 25,125 SF
Property Details for 5640 Rivers Ave
- Year built
- 1990
- Lot size
- 2.86 AC
- Property size (Sq ft)
- 25,125 SF
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 472-08-00-107
- APU
- 4720800107
Description
This exceptional Class A office property, located at 5640 Rivers Ave in North Charleston, South Carolina, offers 20,361 square feet of newly renovated executive and creative office space. Built in 1990 and extensively renovated in 2024, the building is zoned B-2 General Business and situated in Charleston County (zip code 29406). Multiple tenancy options are available, with a minimum divisible space of 2,112 square feet and a maximum contiguous space of 4,524 square feet. Currently, 14,173 square feet of space is vacant and ready for immediate occupancy. The available space is divisible into several suites, offering flexibility for businesses of various sizes. Suite options include approximately 2,361 square feet, 4,524 square feet, 2,112 square feet, 2,148 square feet, and a 3,028 square foot suite (available at the end of Q4). This property presents a unique opportunity to secure high-quality office space in a thriving North Charleston location. The building's modern design and recent renovations ensure a comfortable and productive work environment. Interested parties should inquire about specific suite availability and lease terms.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $5,206,249
- 6.5%
- $4,805,768
- 7%
- $4,462,500
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,246,160
- Geo Method
- $4,254,668
-
Alternative Use
- Use
- Valuation
- Residential
- $5,959,153
- Hospitality
- $5,458,552
- Educational
- $4,541,452
- Medical
- $4,697,638
- Retail
- $7,064,480
Location Insight
- City
- North Charleston
- County
- Charleston
- State
- South Carolina
- Latitude
- 32.8976
- Longitude
- -80.0149
- CBSA code
- 16700
- CBSA name
- CHARLESTON-NORTH CHARLESTON, SC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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