301 Red Bank Rd is a $17, 3,174 square foot home on a 1.89 acre lot located in Goose Creek, SC.
Former church hall and office to be converted to office use. The listing net rate of $17.50 PSF anticipates the following renovations: Reconfigure the existing men’s restroom to a handicap restroom for both sexes and the kitchen to a galley type layout. Replace exterior doors as might be necessary with commercial grade doors and hardware. Replace selected interior doors with solid core birch doors and commercial lever lock sets. Paint all walls and ceilings. Floor coverings to be commercial grade carpet squares or vinyl plank. Upgrade electric system as might be required. The parking lot has 59 spaces and those spaces will be shared by the tenants of both buildings. If need be, the Landlord would consider sectioning them off. The lease will be NNN with known and anticipated expenses incorporated and collected as a part of the monthly rent. We are seeking a 5+ year tenant and will not consider less than a 3 year lease term. Insurance: The present policy is for unoccupied buildings and as such the premium is not representative of that of a policy covering occupied buildings. That pass through expense is yet to be determined. Tenants will be required to purchase and maintain tenant insurance with liability coverage of not less than $1,000,000 and if tenants use is such that higher limits are indicated then that limit would need to be increased. The Landlord will be named as an additional insured. Property taxes: The property has been exempt from property taxes for several decades and as such we can only guess at what the 2019 real property tax billing might total. Our present guess is around $12,000. Whatever the actual amount ends up being it would be allocated as follows: 50.33% to the A building and 49.67% to the B building. Water and sewer utilities: Those utilities are furnished by Goose Creek Water and Berkeley County Water and Sanitation respectively. The fees are based on the reading of a single water meter and as such the combined expense of those utilities would need to be allocated between the A & B buildings. The allocation would be 50.33% to the A building tenant and 49.67% to the B building tenant if both buildings are occupied and if only one building is occupied then the tenant occupied building would be responsible for the entire combined water and sewer utility expense. Tenant to be responsible the their electric utility expense. Tenants will responsible for their waste hauling expenses which we presently believe would be a prorated share of $40.00 per month The present monthly landscape maintenance expense is $250.00 and it too will be allocated on a prorated basis.
|Above Grade Sqft||3,174|
Commercial For Lease
Construction Status - Under Renovation
Based on information from the South Carolina Commercial MLS, last updated 07/21/2019 at 10:02am MDT. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS or this website.