4221 Faber Place Drive | North Charleston | $24,950,000
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4221 Faber Place Drive North Charleston, SC 29405 $24,950,000
56,400 SQ. FT.

4221 Faber Place DriveNorth Charleston, SC 29405

For SALE Business ACTIVE
$24,950,000
EST. 62,804.97/MO CALCULATE
56,400 SQ. FT.

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.

Property Details

  • MLS ID31007334
  • Property TypeCommercial - Office
  • ClassClass A
  • Current UseHigh Tech
  • Days on Site206
  • Existing Lease TypeNNN
  • Lot Size3.65 Acres
  • Parcel Number4100000034
  • Year Built1999
  • ZoningCity of North Charleston - M-1 - Light Industrial District
  • acres3.65

Listed By / Shown By

Listed By

Agency Name: CBRE, Inc

SCCMLS

Shown By

Agent Name: Elke Pizzo
Agent Phone: (843) 577-9676
Agency Title: Carolina One Real Estate

SCCMLS

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Elke Pizzo
Elke Pizzo (843) 577-9676

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4221 Faber Place Drive

Elke Pizzo

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Location 4221 Faber Place Drive

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Elke Pizzo
Elke Pizzo (843) 577-9676

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