4221 Faber Place DR, North Charleston, SC 29405
4221 Faber Place DR, North Charleston, SC 29405
4221 Faber Place DR, North Charleston, SC 29405
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Russ Whited

Russ Whited

+1(843) 200-9606
$24,950,000
Est. payment /mo
158,994 SqFt
Save

UPDATED:

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 158,994 sqft

Price per Sqft $156

MLS Listing ID 31007334

Year Built 1999

Lot Size 3.650 Acres

Acres 3.65

Property Sub-Type Office

Property Description

4221 Faber Place Drive is a 56,400 SF single tenant FDA validated sterile clean drug manufacturing facility. The tenant is the Alcami Carolinas Corporation. They perform small batch drug manufacturing and testing for drug research and development. The FDA approval is extremely difficult and expensive to obtain. The lease is NNN at a current annual rent of $1,068,504 per year = $89,042 per month. The tenant has been in the building since 1999. The current leaase term runs to March 31, 2041. The tenant has one five year option to renew. The NNN rent increases every two years by the lesser of the cumulative increase in the CPI or 5.5%, The next rent increase will occur on April 1, 2027.

Location

State SC

County Charleston

Zoning City of North Charleston - M-1 - Light Industrial District

Read Less Info
Listed by Charles Carmody • CBRE, Inc

Nearby School & Business

Get More Information

Russ Whited

Russ Whited

+1(843) 200-9606

Broker License ID: 30867

Broker License ID: 30867

Name

Name

Phone*

Phone

Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Russ Whited, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.