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3241 Benchmark Drive, Ladson, SC 29456

$12,500,000
Property Type: Commercial Sale Square Footage: 68,950 Status: Active
Current Price: $12,500,000 List Date: 8/23/2024 Last Modified: 2/05/2025

Description

3241-3239 Benchmark Drive is a multi-building, multi-tenant industrial campus located within Benchmark Industrial Park, off US-Highway 78 in Ladson, South Carolina - in the heart of the Charleston, SC market. The subject property consists of two parcels totaling ±5.73 acres zoned Industrial within Charleston County, and includes ±68,950 sf of existing Industrial-Flex space across five (5) buildings referred to as Buildings A, B, C, D, and E. ''Parcel 1'' - 3241 Benchmark Dr. includes two Industrial buildings (Bldg. A & B) totaling ±51,250 sf situated on a 3.57ac portion of the campus (TMS#390-00-00-217). ''Parcel 2'' - 3239 Benchmark Dr. includes three Industrial-Flex / Office-Flex buildings (Bldg. C, D, & E) totaling ±17,700 sf on a 2.16ac (TMS#390-00-00-191). The campus has two points of ingress/egress via Benchmark Drive - which offers immediate access to US-Highway 78 (4 Lanes) and proximity to the interstate just 1.5 miles away (Exit 203 - I26/College Park) The buildings have shared drives with various parking, Industrial Outdoor Storage (IOS), and laydown yard throughout the site. +64 parking spaces allocated to Buildings A, B, C, and D (±68,950 sf total) and over 0.70 useable acres (±112 spaces) fully fenced and graveled for Building E - for a combined total of ±176 spaces. In addition to the parking allocated to the buildings, the site offers an additional ±0.72ac of useable parking - referred to as ''Parking Areas A & B'' for an additional 90 spots - for a combined a total of over 266 spaces on-site The current owner and operators of the site are accepting offers to sell this once in a lifetime infill Industrial, flex, and IOS assemblage. Now accepting offers for full and subdivided portions of the portfolio. Ownership would consider a short-term sale leaseback, creating immediate cash flow, while offering flexibility, and significant potential for increased returns through capital investment and a revamped marketing and lease-up strategy. Additionally, the existing vacancy opens up possibilities for a value-added opportunity for a multi-tenant conversion at unmatched rents, in this highly desirable Industrial submarket. Please note that all offers, terms, timing, pricing, and related details are subject to and exclusive to seller and board approvals. Please contact for details and to learn more about the opportunity.

More Information MLS# 31004089

Location

Street Number: 3241 Street Name: Benchmark Drive County: Charleston Nearest MSA: Charleston-North Charleston, SC Submarket/Township: 32 - N.Charleston, Summerville, Ladson, Outside I-526 State or Province: SC Postal Code: 29456 Parcel Number: 390-00-00-217 / 390-00-00-191 Opportunity Zone: No

General Information

Status: Active Property Sub Type: Industrial Secondary Sub-Type: Unimproved Land Tertiary Sub-Type: Office Listing Name: Benchmark Portfolio Is Condo?: No Property Condition: Existing Number of Units Total: 5 Building Area Total: 68950 Lot Acres: 5.73 Zoning: Charleston - IN - Industrial List Price/Acre: 2181500.87 List Price/SqFt: 181.29

Contract Information

Listing Contract Date: 2024-08-23 List Price: $12,500,000 Original List Price: 1 Current Price: $12,500,000

Building Related

Stories Total: 1 Parking Total: 176 Number Of Buildings: 5

Land Related

Part of Planned Development?: Yes In Flood Plain?: No

Status Change Info

Status Change Date: 2024-08-22

Auction Details

Auction: No

Area and Location

Highway Access: Less than 1 mile to HWY 78 Property Located Between: Benchmark Drive and Ladson Commerce Center

Property Features

Property Sub Type: Industrial; Office; Unimproved Land Current Use: Automotive; Business; Commercial; Industrial; Showroom; Truck Terminal; Warehouse Parking Type: Surface

Documents

Listing Office: Avison Young - South Carolina
Last Updated: February - 05 - 2025
Properties marked with IDX logo are provided courtesy of South Carolina Commercial Multiple Listing Service, Inc. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Carolina Commercial Multiple Listing Service. Real estate listings held by brokerage firms other than the website owner are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. 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.

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