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ArborGen Executive Center 2011 Broadbank Ct

59,600 SF 4% Leased Flex Building Ridgeville, SC 29472 For Sale

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Investment Highlights

Interstate 26 is 12 miles away. I-95 is 25 miles away. The Charleston airport is 21 miles away and the Port of Charleston is 28 miles away

Executive Summary

Bridge Commercial is pleased to present 2011 Broadbank (the “Property”), located in the greater Charleston MSA. This is an opportunity to acquire a flex office warehouse building adjacent to a Class A industrial park. The area is in a rapidly growing Summerville submarket as part of the Greater Charleston market.
The property is owned by Rubicon Industries USA, LLC. The company is in the business of developing technology in order to improve genetics for tree stocks for the forestry sector. The product significantly improves the productivity of forestry land. New Zealand based Rubicon Ltd. Owns Arborgen, Ltd. Rubicon is a publicly listed company with shares trading on the New Zealand stock market.
The building consists of Class A office, lab space and air conditioned warehouse space. The warehouse offers two Dock Doors and one Drive In Door that are accessible by 200’ Truck Court. The office space includes a training room and a number of conference rooms in addition to the open office space and private offices.
The Arborgen building is adjacent to the Pine Hill Business Campus located in Dorchester County. The Pine Hill is a campus developed initially by WestRock. It was sold to Dorchester County in 2021.
Dorchester County recently approved tax incentives for a manufacturer to locate in Pine Hill. This user will take most of the park.
The space is well positioned to appeal to the light assembly and manufacturing users which are relocating to the Charleston area. Auto manufacturing suppliers as well as suppliers to the EV, battery manufacturing and related businesses would locate here. Given the prior use, the cleanliness of the facility allows for electronics related businesses.
Housing for employees is supplied by the nearby Summers Corner subdivision. This community includes new schools, walking parks and a number of differently priced communities.
The area boasts a highly skilled workforce, well known training programs, and a business friendly environment with the unionization rate well below the national average.
Nearby users include Brightline Extrusions, ShowaDenko Carbon, Robert Bosch, and Wabco
Compressor Manufacturing Company.

2011 Broadbank OM 10 23 23

Property Facts

Sale Type	Investment or Owner User	Year Built	2012
Property Type	Flex	Parking Ratio	1.28/1,000 SF
Property Subtype	Light Distribution	Clear Ceiling Height	32 ft
Building Class	B	No. Dock-High Doors/Loading	2
Lot Size	13.50 AC	No. Drive In / Grade-Level Doors	1
Rentable Building Area	59,600 SF	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
No. Stories	1

Sale Type	Investment or Owner User
Property Type	Flex
Property Subtype	Light Distribution
Building Class	B
Lot Size	13.50 AC
Rentable Building Area	59,600 SF
No. Stories	1
Year Built	2012
Parking Ratio	1.28/1,000 SF
Clear Ceiling Height	32 ft
No. Dock-High Doors/Loading	2
No. Drive In / Grade-Level Doors	1
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.