Description
Are you looking for an "armchair" investment where you collect a couple of checks each month? Looking for an easy commercial investment property that has long term tenants? We are pleased to present for sale two (2) occupied Office Condos located in the Travelers Executive Center at 810 Travelers Blvd in Summerville, SC. Both units are occupied with approximately 4 years remaining on lease terms, with rents kicking out $2200 monthly. The downstairs tenant pays $1200 and the upstairs pays $1000 with annual escalations of 3%. Seller will not break up the sale--must be sold together. Owner expenses include a quarterly regime fee of $365 per suite, office condo insurance, and property taxes.
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School Ratings & Info
Description
Are you looking for an "armchair" investment where you collect a couple of checks each month? Looking for an easy commercial investment property that has long term tenants? We are pleased to present for sale two (2) occupied Office Condos located in the Travelers Executive Center at 810 Travelers Blvd in Summerville, SC. Both units are occupied with approximately 4 years remaining on lease terms, with rents kicking out $2200 monthly. The downstairs tenant pays $1200 and the upstairs pays $1000 with annual escalations of 3%. Seller will not break up the sale--must be sold together. Owner expenses include a quarterly regime fee of $365 per suite, office condo insurance, and property taxes.