The 258,000 square foot industrial property in the Orangeburg industrial market is conveniently less than ten (10) miles away from interstate 26 and twenty-two (22) miles for interstate 95. The former textile mill facility is currently occupied by an owner occupant third-party logistics company that will shutter operations upon sale of property. As the Orangeburg industrial market is witnessing an 8.7% vacancy rate with market rents at $4.50/SF, this is an excellent value-add opportunity for investors. With the increase in demand for second-generation industrial assets, the growth of industrial inventory along interstate 26, and the surging prices of ground-up development, 1000 Southern Patio Parkway is a "can't miss" for any value-add investor.
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