1156 Drop Off Drive, Summerville, SC 29483
New Listing
$7,575,000
Property Type:
Commercial Sale
Square Footage:
34,500
Status:
Active
Current Price:
$7,575,000
List Date:
10/28/2026
Last Modified:
10/28/2026
Overview
Description
Listing Details MLS# 31009776
Location
- Street Number
- 1156
- Street Name
- Drop Off
- Street Suffix
- Drive
- County
- Berkeley
- Nearest MSA
- Charleston-North Charleston, SC
- Submarket/Township
- 74 - Summerville, Ladson, Berkeley Cty
- State or Province
- SC
- Postal Code
- 29483
- Parcel Number
- 207-00-02-121
- Opportunity Zone
- No
General Information
- Property Sub Type
- Industrial
- Listing Name
- 1156 Drop Off Drive
- Building Area Total
- 34500
- Lot Acres
- 6.13
- Zoning
- Berkeley - LI - Light Industrial
- List Price/Acre
- 1235725.94
- List Price/SqFt
- 219.57
- Opt In to Crexi?
- Yes
Contract Information
- Listing Contract Date
- 2026-10-27
- Original List Price
- 7575000
Building Related
- Tenancy
- Multiple Tenants
Land Related
- In Flood Plain?
- No
Status Change Info
- Status Change Date
- 2026-10-28
More Information
Auction Details
- Auction
- No
Building Detail
- Clear Height
- 24
- Drive-In Bays
- 8
Directions & Remarks
- Public Remarks
- 1156 Drop Off Drive is a fully leased ±34,500 SF flex industrial building on ±6.13 acres in Summerville, SC. Built in 2021, it sits between the Jedburg Road and Nexton Parkway interchanges with immediate I-26 access. It is ±9 miles from the Volvo Car Campus and about 20 minutes from Charleston International Airport, Boeing and the Port of Charleston. The building is 100% leased to five tenants on NNN leases, producing $492,218 in annual base rent, and four of the five leases include fixed annual escalations of 2.0%-3.5%. Features include 24' clear height, eight 14'x12' drive-in doors, 3-phase power, LED lighting, ±60 parking spaces and Light Industrial zoning (Berkeley County). Offered at $7,575,000 ($220 PSF), a 6.50% cap rate on in-place income. Contact the listing team for the offering memorandum.
Property Sub Type
- Industrial
- Yes
Lighting
- LED
- Yes
Property Features
Property Sub Type:
Industrial
Lighting:
LED
Listing Office:
Colliers International South C
Last Updated: October - 28 - 2026
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