Roadstead Real Estate Advisors, LLC is proud to present the opportunity to acquire the former Truist Bank office building in North Charleston. Located at the prime corner of Ashley Phosphate Road and Rivers Avenue. This is a former bank branch that can easily be repurposed for an owner operator or investor that is working with a tenant. 18 parking spaces are available.This is a relatively new building with two drive thru lanes. This site is also considered as a retail outparcel for Wal-Mart. Surrounded by other national and regional credit tenants. The Vehicle Per Day count at this location is between 41,000-52,000 VDP. Truist has a lease in place until September 2026 (the property is vacant). The lease is NN and the annual rent is $127,119.00. The tenant has expressed interest in terminating the lease upon a sale. The Landlord pays a $200 landscaping fee monthly.
Listing Date: 01-30-2023
Sold Date: 11-29-2022
Listing Sold: 
1 Year(s), 5 month(s), 0 day(s) ago
Asking Price: $1,600,000
Selling Price: $1,600,000
Price Difference:
Same as list price
Anchored: No
Year Built: 2016
Asking Price Type: Fixed Price
Parking Type: Surface
County: Charleston
Lot Acres Min: 0.400
Land Size: 0.40
Class of Space: Class B
Title: Former Bank Building Available for Sale - Prime Corner Outparcel
Second Property Subtype: Office
Zoning: City of North Charleston - B-
Nearest Msa: Charleston-North Charleston, SC
Sale Terms: Cash
Property Type: A
Original Price: $1,600,000
Build To Suit: No
Property Use Type: Flex Space, Industrial, Investment, Medical/Dental, Mixed Use, Multi-Family, Office, Retail, Vacant
Class Type: Office
Sold Date: 2022-11-29T00:00:00
Rentable Area: 2419
Water Source: Public
Sewer: Public Sewer
Courtesy of listing office Roadstead Real Estate Advisors, LLC