4221 Faber Place Drive, North Charleston, SC 29405
$24,950,000
Property Type:
Commercial Sale
Square Footage:
56,400
Status:
Active
Current Price:
$24,950,000
List Date:
11/07/2025
Last Modified:
11/25/2025
Overview
Description
Listing Details MLS# 31007334
Location
- Street Number
- 4221
- Street Name
- Faber Place
- Street Suffix
- Drive
- County
- Charleston
- Nearest MSA
- Charleston-North Charleston, SC
- Submarket/Township
- 32 - N.Charleston, Summerville, Ladson, Outside I-526
- State or Province
- SC
- Postal Code
- 29405
- Parcel Number
- 4100000034
- Opportunity Zone
- No
General Information
- Property Sub Type
- Office
- Secondary Sub-Type
- Special Purpose
- Tertiary Sub-Type
- Special Purpose
- Listing Name
- 4221 Faber Place Drive - The Alcami Building
- Is Condo?
- No
- Property Condition
- Existing
- Class of Space
- Class A
- Number of Units Total
- Yes
- Building Area Total
- 56400
- Lot Acres
- 3.65
- Zoning
- City of North Charleston - M-1 - Light Industrial District
- Property Visibility
- Excellent
- List Price/Acre
- 6835616.44
- List Price/SqFt
- 442.38
- Opt In to Crexi?
- Yes
Contract Information
- Listing Contract Date
- 2025-11-07
- Original List Price
- 24950000
- Tax Legal Description
- Parcel D
Building Related
- Stories Total
- Yes
- Year Built
- 1999
Land Related
- In Flood Plain?
- No
Financials
- Tax Assessed Value
- 679880
More Information
Status Change Info
- Status Change Date
- 2025-11-07
Auction Details
- Auction
- No
Directions & Remarks
- Public Remarks
- 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 Sub Type
- Office
- Yes
- Special Purpose
- Yes
Existing Lease Type
- NNN
- Yes
Current Use
- High Tech
- Yes
Property Features
Property Sub Type:
Office; Special Purpose
Current Use:
High Tech
Existing Lease Type:
NNN
Documents
Brochure ›
Listing Office:
CBRE, Inc
Last Updated: November - 25 - 2025
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