For Lease - JLL and Class A construction - 7409 Magi ... 12 Nexton Development 12.4 ... Harbor...

7409 Magi Road | Hanahan, South Carolina

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For LeaseFor more information, contact:

Lee Allen Managing Director, Industrial JLL Charleston [email protected] +1 843 805 5111+1 843 566 2064

Kevin Coats Associate Broker, IndustrialJLL Charleston [email protected] +1 843 805 5112 +1 434 760 0863

www.jll.com/charleston

– Located in North Pointe Business Campus

– ±91,000 s.f. industrial building

– Class A space

– Gated truck court and secure building access

– Central location within Charleston MSA

– Close proximity to Port of Charleston

7409 Magi Road Hanahan, South Carolina


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Capitalize on a centralized location, existing infrastructure, and Class A construction - 7409 Magi Road in Hanahan, South Carolina provides tenants the opportunity to have more. This ±91,000 s.f. industrial facility recently served as FedEx’s ground distribution center and comes equipped with 29 dock doors, 10 van-high doors, and 4 drive-in-doors. 7409 Magi Road is a secure facility for warehousing and distribution needs with a gated truck court and employee parking lot.

Located in the North Pointe Business Campus in Berkeley County, 7409 Magi Road is within 20 miles of downtown Charleston, the Charleston International Airport, Boeing 787 Dreamliner final assembly facility, Daimler and Volvo, as well as all the Port of Charleston terminals. With the Charleston MSA growing by nearly three times the national average at 11.5% between 2010–2015, the area is home to some of the fastest growing municipalities in the nation. Berkeley County is developing some of the largest master planned communities in the state and continues to offer strong business incentives all to attract and retain residents and businesses.


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Property Specifications

Lot Size 15.23 acres

Building Size 91,720 s.f.

Year Built 2004

Warehouse s.f. 87,593 s.f.

Office s.f. 4,127 s.f.

Building Dimensions 218’4” x 458’4”

Ceiling height (eaves) 24’

Ceiling height (centerline) 28’6”

Ceiling Type Warehouse: exposed to roofOffices: acoustic ceiling tiles

Column Spacing Various (general: 48’ x 42’)

Floor Concrete with sealer

Lighting T5 lighting w/ some drop task lighting

Loading Docks East side: (10) van high (5’x8’) South side: (28) docks (8’x9’) North side: (1) dock door (8’x9’)

Dock comments All docks have dock lights, bumpers, shelters, awnings, and fans

Loading Drive-ins North side: (4) 14’x16’)

Truck court depth 150’

Parking: auto 182 total spaces

Parking: trailer 43 total spaces

Parking: van 17 total spaces

Power 1200 AMP 3phase 480/277v

Heat Office and warehouse

Air conditioning 100% of office

Sprinklers Dry system

Ventilation (6) Big Ass Fans & Louvres

SecuritySite fully fenced with LED lighting Security gate from employee parking lot

Warehouse space

Drive in doorDock-high doors

Loading/unloading dock stations

Reception

Building exterior

Office space


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Site Plan


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Floor Plan


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Elevations


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Loca

tiona

l map

Cane Bay Development

Nexton DevelopmentCarnes Crossroads Development

Volvo Plant

Sheep Island Interchange

Daimler Plant

Charleston Internationa Airport

SummervilleGoose Creek

Ladson

Distances calculated by Google Maps

Boeing Plant

North Charleston Port Terminal

Hugh LeathermanTerminal

Columbus StreetTerminal

Union Pier

Wando Welch Terminal

Navy BaseIntermodal Facility

Moncks Corner

North Charleston

Downtown Charleston

West Ashley

James Island

Mount Pleasant

Daniel Island

Hanahan

7409 Magi Road

7409 Magi Road

Economic Drivers Distance to7409 Magi Road (miles)

North Charleston Terminal 5.7

Navy Base Intermodal Facility(under construction) 8

Boeing plant 9.4

Charleston International Airport 9.5

Daimler facility 11.5

Hugh Leatherman Terminal (proposed) 11.8

Carnes Crossroads Development 12

Nexton Development 12.4

Sheep Island Interchange (under construction) 14.3

Columbus Street Terminal 14.5

Wando Welch Terminal 14.7

Union Pier Terminal 15.4

Cane Bay Development 17.1

Volvo plant (under construction) 26.5


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Port

of Ch

arle

ston

Capital Improvement Plan The South Carolina Port Authority and the State of South Carolina are currently executing a $2 billion capital improvement plan for the state’s coastal and inland port systems. To keep up with current industry trends, this capital improvement plan is to ensure the South Carolina ports and terminals have the required technology and capacity for larger ships and growing shipping companies.

Below is a summary of the Port of Charleston capital improvement plan:

Harbor Deepening ProjectOn June 26, 2016 the world’s largest container ship completed its first voyage through the newly expanded Panama Canal. This $52 billion expansion project doubled the Canal’s shipping capacity and provided service to the largest container ships to reach the East Coast ports in shorter time.

The Port of Charleston is capitalizing on the Panama Canal expansion. The current depth of the Charleston harbor is 45’ and the harbor entrance is 47’ during mean low tide. With current tidal restrictions, the port can serve 16 post-panamax vessels per week. To meet the depth requirements of the largest container ships that call into Charleston, the harbor is being deepened to 52’ which will allow all post-panamax ships to be served 24 hours a day. The deepening project is expected to be complete by the end of the decade. Once completed, the Port of Charleston will be the deepest port on the East Coast.

New container terminal Phase 1 $700 million

South Carolina Ports AuthorityInland port improvements $50 million

Other infrastructure & IT projects $600 million

Harbor deepening to 52’ $300 million

State of South CarolinaPort access road from I-26 $225 million

New dual access intermodal railhead $250 million

Total CAPEX commitment $2 billion

The Hugh Leatherman Terminal is the newest addition to the Port of Charleston. To be completed in 2020, this new port serves as the only permitted container terminal under construction on the East Coast and is anticipated to increase the South Carolina Port Authority’s container capacity by 50 percent.

South CarolinaEconomic Impact

$53B

187,600

$10.2B

$912M

in annual economic activity

supported jobs

in labor income

in tax revenue

Sourced from the South Carolina Ports Authority

Wando Welch Terminal

Columbus Street Terminal

Union Pier Terminal

North Charleston Terminal

Hugh Leatherman Terminal

Navy Base Intermodal Facility

Port of Charleston Facilities MapNorth Charleston Terminal ±18 miles from CRBC


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Charleston MSA The Charleston MSA has been more resilient than most of South Carolina and is one of the few metropolitan areas to have fully recovered all the jobs lost during the Great Recession. The region benefits from a diverse job base that includes military, tourism, manufacturing, state government, medical, and defense contracting. Holding one of the East Coast’s most prominent ports and soon to be the deepest, by 2020, Charleston’s economy is also expanding through exceptional import and export activity.

As a result of a strong labor market and favorable business environment, the Charleston area has emerged as one of the fastest growing regions in the nation; averaging 47 new residents per day. From 2010, the Charleston MSA’s population has grown 11.5% which is nearly three times that of the national average. This strong population growth has prompted new construction for homes and businesses. Since 2010, the area has seen a seen a significant increase in wages, home values, and overall property demand.

The T

ri-Co

unty

area

Population Growth 2010 – 2015

United States 3.9%

South Carolina 5.6%

Charleston MSA 11.5%

United States

South Carolina

CharlestonMSA

Source: Charleston Regional Development Alliance; U.S. Census Bureau

Popu

latio

n Gr

owth

201

0 –

2015

Charleston MSAStatistics

750,000

48

$53,572

$74,299

Source: Charleston Regional Development Alliance; U.S. Census Bureau

Area accolades

Charleston Voted Best City in the World

Travel & Leisure Magazine

S.C. Ranked #2 Best Business Climate in the Country

Site Selection Magazine

Charleston Ranked #9 ‘Best Place to Live’

U.S. News & World Report

Charleston Ranked #3 Best City for Jobs

Forbes Magazine - Summer 2016

Charleston Ranked #7 Best Mid-size City for Jobs

Forbes Magazine - 2016

Charleston Ranked #7 for Economic Growth Potential

Business Facilities Magazine

Tri-County mapCRBC located in Berkeley County

Charleston County

Berkeley County

Dorchester County

total area population

avg. new residents per day

median household income

avg. household income

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Lee Allen Managing Director JLL Charleston [email protected]+1 843 805 5111 +1 843 566 2064

Kevin Coats Associate BrokerJLL Charleston [email protected]+1 843 805 5112 +1 434 760 0863

JLL Charleston 701 East Bay Street Suite 308 Charleston, SC 29403 +1 843 805 5100 jll.com/charleston

DISCLAIMER© 2017 Jones Lang LaSalle IP, Inc. All rights reserved. All information contained herein is from sources deemed reliable; however, no representation or warranty is made to the accuracy thereof.

JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. A Fortune 500 company, JLL helps real estate owners, occupiers and investors achieve their business ambitions. In 2016, JLL had revenue of $6.8 billion and fee revenue of $5.8 billion and, on behalf of clients, managed 4.4 billion square feet, or 409 million square meters, and completed sales acquisitions and finance transactions of approximately $136 billion. At year-end 2016, JLL had nearly 300 corporate offices, operations in over 80 countries and a global workforce of more than 77,000. As of December 31, 2016, LaSalle Investment Management has $60.1 billion of real estate under asset management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com.

For Lease - JLL and Class A construction - 7409 Magi ... 12 Nexton Development 12.4 ... Harbor...

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