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$ 5,800,000
Est. payment | /mo
4.92 Acres Lot
$ 5,800,000
Est. payment | /mo
4.92 Acres Lot
Key Details
Property Type Commercial
Sub Type Building
Listing Status Active
Purchase Type For Sale
Subdivision Main Street
MLS Listing ID 513016
Lot Size 4.920 Acres
Property Sub-Type Building
Property Description
Main Street Office Campus is a premier Class A office investment opportunity located on the north end of Hilton Head Island, South Carolina. The property consists of five professionally maintained office buildings totaling approximately 44,788 square feet, with 97% occupancy across 72 of 74 rental spaces. The campus features a diverse and established tenant base, including Morgan Stanley, Local Life Magazine, Howard Hanna Rentals (formerly Hilton Head Long Term Rentals), and a variety of other professional businesses. The strong occupancy and diversified tenancy provide a solid foundation for an investor, while lease renewals offer the potential for future rental-rate growth. The five buildings range in size from approximately 5,088 to 11,340 square feet, providing a variety of office configurations and suite sizes. An experienced on-site management company is currently in place and may remain under the new buyer.
Location
State SC
County Beaufort
Area Hilton Head Commercial
Interior
Heating Heat Pump
Cooling Central Air, Electric
Flooring Carpet, Luxury Vinyl, Luxury VinylPlank
Furnishings Unfurnished
Exterior
Roof Type Composition,Metal,Shingle
Building
Lot Description 3-5 Acres
Water Public
Others
Acceptable Financing Cash, 1031 Exchange
Listing Terms Cash, 1031 Exchange
Special Listing Condition None
Listed by Howard Hanna Allen Tate Lowcountry