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  • Price$2,425,000
  • Acres1.30

1035 Folly Rd, Charleston

- 8 years left starting of a 20 year initial term this month on an absolute net ground lease - Lease Commenced March 2007 - Building Constructed 2008 - Four (4) Five (5) year renewal options - 2% annual increases throughout initial term and option periods - Average NOI over balance of initial term is $129,263 - 1.3 AC site with an apprx 3944 SF freestanding all brick bank branch built by BB&T

Essential Information

  • MLS® #30402992
  • Price$2,425,000
  • Acres1.30
  • TypeCommercial Sale
  • StatusActive

Listing Details

  • Listing OfficeCommercial Real Estate Ventures, LLC

Community Information

  • Address1035 Folly Rd
  • AreaJames Island
  • CityCharleston
  • CountyCharleston
  • StateSC
  • Zip Code29412
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