Matt Whitfield
199 Farmington Road | Summerville | $2,150,000
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SHOW DETAILS
199 Farmington Road Summerville, SC 29486 $2,150,000
10,700 SQ. FT.

199 Farmington RoadSummerville, SC 29486

For SALE Business ACTIVE
$2,150,000
EST. 5,412.05/MO CALCULATE
10,700 SQ. FT.

Property Description

10,700 SF of flex/retail space, zoned Heavy Industrial (Berkeley County) on Farmington Rd. Property sits just 1-mile from I-26 exit 199 on the Nexton side of Summerville. Currently configured with two (2) buildings totaling 10,700 SF. 7,500 SF, divided into two (2) 3,750 SF bays fronting Farmington Road, and 3,200 SF, divided into two (2) 1,600 SF bays fronting Slate Stone Drive. Property has excellent visibility fronting Farmington Rd and can be seen from I-26. All 4 suites are currently occupied with NNN leases, and all 4 leases are set to expire within the next year (only 1 tenant has an option to renew). All leases are heavily under market rent, providing a substantial value add opportunity for an investor and/or 1031 exchange. An area of the property behind the 7,500 SF building has been graveled for overflow parking but could be fenced for a small laydown if needed for a future tenant - with potentially some additional area left to use, not currently graveled.

Property Details

  • MLS ID31007687
  • Property TypeCommercial - Industrial
  • Current UseAutomotive, Commercial, Flex Space, Industrial, Investment, Place of Worship, Warehouse
  • Days on Site97
  • Existing Lease TypeNNN
  • Lot Size1.19 Acres
  • Parcel Number2320002107
  • Parking Total35.00
  • SewerPublic Sewer
  • WaterPublic
  • Year Built1998
  • ZoningBerkeley - HI - Heavy Industrial
  • acres1.19

Listed By / Shown By

Listed By

Agency Name: RE/MAX Southern Shores

SCCMLS

Shown By

Agent Name: Matt Whitfield
Agent Phone: (843) 810-8455
Agency Title: Carolina One Real Estate

SCCMLS

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Matt Whitfield
Matt Whitfield (843) 810-8455

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199 Farmington Road

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