See all 13 photos
13 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$850,000
Est. payment /mo
61,419 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 61,419 sqft
Price per Sqft $13
MLS Listing ID 31008180
Lot Size 1.410 Acres
Acres 1.41
Property Sub-Type Industrial
Property Description
240 Acres Drive is an income-producing truck parking facility offering a 7% cap rate. The 1.41-AC site is zoned General Commercial in Berkeley County. The facility contains 22 bays operating at 95% occupancy with an annual NOI of $68,040.This turnkey investment offers immediate income from an existing operating business, generating approximately $5,670 in monthly rental income from an established tenant base of recurring monthly and nightly customers. The property benefits from an approved Outdoor Storage Special Exception for truck and trailer storage operations, along with newly added improvements and existing infrastructure including gated access, security cameras, lighting, gravel surfacing, and TruckBays management software. Operational systems are already established for reservations, billing, tenant management, and access control, providing buyers with a stabilized cash-flowing IOS asset.
Location
State SC
County Berkeley
Zoning Berkeley - GC - General Commercial
Read Less Info
Listed by Brooke Eyrich • Jones Lang LaSalle Brokerage
Nearby Locations
GET MORE INFORMATION