4000 Faber Place Drive, Charleston, SC

4000 Faber Place Drive is a $17,500,000, 95,625 square foot home located in Charleston, SC.

Seller’s Description

Introducing Faber Centre, 4000 Faber Place Drive, an exceptional opportunity for investors in North Charleston, South Carolina. This four-story, multi tenant office building is 95,625 square feet and is situated on a sprawling four-acre site within the heart of the Executive Park at Faber Place - Charleston's only Class A Office Park. Highly functional floor plates offer ultimate flexibility to accommodate a variety of tenants. Abundant and convenient surface parking is provided for tenants and visitors at a ratio of 3.8 spaces per 1,000 USF.Strategically located just off Leeds Avenue, this property provides direct access to I-526 and lies approximately 3 miles from I-26, positioning it as a pivotal hub within the tri-county area. The property is currently 83% leased and boasts a strong Net Operating Income (NOI) in place. Investors can capitalize on this established revenue stream while also recognizing the value-add opportunity presented by the lease-up of remaining vacancies.Charleston continues to experience significant expansion driven by a growing population and workforce. The overall office market reflects this, with vacancy rates below ten percent and no new office space slated for near term development.