1156 Drop Off Drive Summerville, SC 29483

1156 Drop Off Drive is a fully leased +/-34,500 SF flex industrial building on +/-6.13 acres in Summerville, SC. Built in 2021, it sits between the Jedburg Road and Nexton Parkway interchanges with immediate I-26 access. It is +/-9 miles from the Volvo Car Campus and about 20 minutes from Charleston International Airport, Boeing and the Port of Charleston. The building is 100% leased to five tenants on NNN leases, producing $492,218 in annual base rent, and four of the five leases include fixed annual escalations of 2.0%-3.5%. Features include 24' clear height, eight 14'x12' drive-in doors, 3-phase power, LED lighting, +/-60 parking spaces and Light Industrial zoning (Berkeley County). Offered at $7,575,000 ($220 PSF), a 6.50% cap rate on in-place income. Contact the listing team for the offering memorandum.

• MLS ID31009776
• Property TypeCommercial - Industrial
• Lot Size6.13 Acres
• Parcel Number207-00-02-121
• ZoningBerkeley - LI - Light Industrial
• acres6.13