eastport - dorchester county economic development

PRESENTED BY:Thomas Buist, SIOR, Broker843.442.3888 [email protected]

960 Morrison Drive, Suite 400Charleston, SC 29403843.747.1200lee-charleston.com

SUMMERVLLEDISTRIBUTION COMPLEX

0 Deming Way Summerville, SC 29483

SPEC

EASTPORT COMMERCE PARK104 Pinnacle Way | Ladson, SC 29456

SPEC

@ EASTPORTINDUSTRIAL PARK

Jedburg, SC 29483

FOR SALE | 40.32 ACRES

40.32 ACRES FOR SALE | ZONED INDUSTRIAL

EASTPORT Industrial Park

Jedburg, SC 29483

@

SITE SUMMARY

PROPERTY OVERVIEWLarge industrial site containing approximately 40.32 acres with approximately 4.75 acres of wetlands in established Eastport Industrial Park. A lot of construction and other businesses locating to this area now. Access from Hwy 78 frontage at Quality Drive (curb cut and entrance road already established) & the rear of the property at Spaniel Lane (within the park) and off Deming Way. Within 3 or 4 miles of the Jedburg Rd/I-26 Exit and the new Nexton Parkway/I-26 Exit. Approximately 30 miles to all Charleston, SC Ports. Approximately 25 miles to I-95/I-26 intersection. Potential for rail service (inquire with agent).

LOCATION OVERVIEW40.32 acre industrial site in an established industrial park with easy access to employment, housing and retail.

DIRECTIONSFrom Charleston, take I-26 West to Exit 194, Jedburg. Turn left and travel approximately 2 miles from I-26. Eastport Industrial Park will be located on the left where the Eastport Industrial Park marquee sign is located. Look for the Lee and Associates signs on Hodge Road and Deming Way.

PROPERTY AT-A-GLANCECOUNTY: DorchesterMUNICIPALITY: UnincorporatedZONING: IndustrialTAX MAP ID: 129-00-00-048

PRICINGTYPE: Vacant LandSALE PRICE: $1,900,000

UTILITIESWATER SEWER GAS ELECTRIC• Summerville CPW • Dorchester County Water & Sewer • SC Electric & Gas • Dominion• 12” Water Line • 8” Gravity Line • 6” Line • 115 kV Transmission

Line• 23 kV Transmission Line

• 15 MW Excess Capacity

TRANSPORTATION ACCESSINTERSTATE US HIGHWAYS AIRPORT PORT

• I-26, 3 to 4 Miles • US Highway 78 • Charleston Int. Airport, 17 Miles • Port of CHS, 26 Miles

• I-95, 26 Miles

ECONOMIC DEVELOPMENT RESOURCEJohn Truluck, SCCED

Director of Economic Development843.875.9109

[email protected]

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Jedburg, SC 29483


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BIRDS EYE VIEW

Regional DemographicsThe Charleston-North Charleston MSA, which makes up nearly 15% of South Carolina’s population, offers favorable demographics with above average population growth and a skilled, educated labor force.

Largest Employers

COMPANY # EMPLOYEES INDUSTRY COUNTY

Joint Base Charleston ±22,000

Government

Government Charleston

Aerospace ManufacturingBoeing ±7,300 Charleston

Berkeley County School District ±6,600

Medical University of SC ±13,000

CharlestonHealth Services

Charleston County School District ±6,500

Health Services/Education

Retail

Charleston

CharlestonRoper St.Francis Healthcare ±5,700

Education

Education Berkeley

Dorchester County School District II ±3,900 Education

Charleston County ±2,600

Health Services

Dorchester

Trident Health System ±2,600 Charleston

Charleston

Walmart ±2,300 Charleston

Total NonfarmEmployment:

331,900

OTHER

POPULATION2023: 862,503

2018: 783,812

2010: 664,607

(ESRI forecast)

(ESRI estimate)

(Census)

HOUSEHOLD INCOMEAverage:2023: $90,802 (ESRI forecast)

2018: $80,476 (ESRI estimate)

Median:

2023: $65,293 (ESRI forecast)

2018: $90,802 (ESRI estimate)

HOUSEHOLDS

2023: 337,000 (ESRI forecast)

2018: 306,036 (ESRI estimate)

2010: 259,987 (Census)

AGE (2018 ESRI estimate)

25-34: 117,808 (15.09%)

35-44: 103,266 (13.20%)

45-54:

55+:

97,157 (12.40%)

213,893 (27.30%)

RACE & ETHNICITY (2018 ESRI estimate)Caucasian: 64.5%

African American: 27.4%

Asian: 2.2%Other: 5.9%

Higher Education

Source: Charleston Regional Development Alliance

EMPLOYMENT BY SECTOR & PERCENT OF TOTAL EMPLOYMENT

Employment

MANUFACTURING

7.69%GOVERNMENT

18.79%

PROFESSIONAL & BUSINESS SERVICES15.69%

TRADE, TRANSPORTATION & UTILITIES

18.3%

LEISURE & HOSPITALITY

13.1%

EDUCATION & HEALTH SERVICES11.1%

THE AREA’S LARGEST EMPLOYERS

EASTPORT INDUSTRIAL PARKJEDBURG, SOUTH CAROLINA 29483

AERIAL



SPEC


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Jedburg, SC 29483


Cane Bay Development

Carnes Crossroads Development

Daimler Plant

Charleston International Airport

Boeing Plant

North Charleston Port Terminal

Hugh LeathermanTerminal

Columbus StreetTerminal

Union Pier

Wando Welch Terminal

Navy BaseIntermodal Facility

SUMMERVILLE GOOSE CREEK

LADSON

NORTH CHARLESTON

Downtown Charleston

West Ashley

James Island

Mount Pleasant

Daniel Island

HANAHAN

Nexton Development

Jedburg Exit Interchange

MONCKS CORNER

Volvo Plant

Sheep Island Interchange


Jedburg, SC 29483


CITY DISTANCE(miles)

Charlotte, NC 187

Jacksonville, FL 232

Atlanta, GA 301

Orlando, FL 379

Birmingham, AL 447

Washington, DC 531

Nashville, TN 534

Columbus, OH 632

Pittsburgh, PA 635

Memphis, TN 684

CHARLESTON

JACKSONVILLE

CHARLOTTE

DC

BIRMINGHAMATLANTA

150

mi

300

mi

600

mi

AtlanticOcean

Gulf ofMexico

ORLANDO

PITTSBURGH

COLUMBUS

NASHVILLE

MEMPHIS

MARKET LOGISTICS

ECONOMICLANDMARKS

# OF MILES FROM SITE

Sheep Island Interchange(opened Spring 2018) 4 MILES

Nexton Development 6 MILES

Carnes Crossroads 10 MILES

Volvo Plant 12 MILES

Cane Bay Development 14 MILES

Mercedes Benz Vans 17 MILES

Navy Base Intermodal(under constructon) 23 MILES

Boeing Plant 24 MILES

CHS Int’l Airport 24 MILES

N. Charleston Terminal 24 MILES

Hugh Leatherman Terminal(under constructon)

27 MILES

Columbus Street Terminal 28 MILES

Union Pier Terminal 29 MILES

Wando Watch Terminal 32 MILES

LOCATION AERIAL

MASTERPLAN - CONCEPTUAL

JURISDICTIONAL WETLAND A4.75 ACRES

JURISDICTIONAL WETLAND B±0.75 ACRES

±7 ac

±7.5 ac

±8.5 ac

±5 ac

SPANIEL LANE

HORTON ROAD

DEM

ING

WAY

DEMING W

AY

HIGHWAY 78

±4 ac

Builder's FirstSource

Avoca

Linde LiftTruck Corp

Linde LiftTruck Corp

DorchesterCounty

Keystone

±30 ac

±19 ac

±16 ac

CONCEPT BOARDS

Concept 1

CONCEPT 1

TMS #129000004800040.33 ACZoned - Industrial

Parcel 1: +/- 36,000 SF Building +/- 10.13 AC

Parcel 2: +/- 36,500 SF Building +/- 12.40AC


CONCEPT ONETMS #1290000000048000

40.33 Acres | Zoned Industrial

Parcel 1: ± 36,000 SF Building ± 10.13 AcresParcel 2: ± 36,500 SF Building ± 12.40 AcresParcel 3: ± 162,000 SF Building ± 17.80 Acres

Concept 2

CONCEPT 2

TMS #129000004800040.33 ACZoned - Industrial



CONCEPT TWOTMS #1290000000048000

40.33 Acres | Zoned Industrial

Parcel 1: ± 36,500 SF Building ± 8.83 AcresParcel 2: ± 150,500 SF Building ± 31.50 Acres

INDUSTRIAL TRANSPORTATION

PortsBUSINESS OVERVIEW

Source: http://www.scspa.com/the-world-connects-here/

CARGO BASE EXPANSIONMore than $10 billion has been invested by port-dependent firms in South Carolina over the last 4 years. Headlines include:

• Michelin: Announced plans to build a $270 million, 3.3 million sf distribution center complex in Spartanburg County.• Volvo Car: First North American manufacturing plant to be built near the Port of Charleston, a $500 million initial investment.• Mercedes-Benz Vans: $500 million Sprinter Van plant expansion.• Dollar Tree: New 1.5 million sf import distribution center.• Techtronic Industries: 1.5 Million sf DC expansion.

PORT PRODUCTIVITYStill the most productive port in North America, the Port of Charleston sets the standard for turning ships & trucks.

• Working ships at an average 42 moves per crane per hour.• 60% More productive than typical West Coast ports.• Average truck turn time 25 minutes.• We’re proud of our productivity so we publish our metrics to www.SCSPA.com/keeping-freight-moving every week.

CHARLESTON HARBOR DEEPENING When complete in 2020 Charleston will be the deepest harbor on the U.S. East Coast and able to work fully-loaded New-Panamax ships on all tides.

• Project depth 52-feet MLW (15.8m) in the inner harbor and 54-feet (16.4m) offshore.• New 24-hour vessel draft 48-feet (14.6m).• New maximum vessel draft 52-feet (15.8m).• Project fully-authorized by Congress and slated for construction start late in 2017.

*When harbor deepening is complete in 2020 the Port of Charleston will be the deepest port on the U.S. East Coast.

TEUS Handledin FY 2018

2.2MILLION Crane Moves per hour -

Most Productive in the U.S.

42Finished Vehicles Exported in 2017

250K+From Shanghai

to Memphis

29DAYS Growth at Inland Port

Greer in 2017

33%

Avg 2-Way Truck Turn Time

60MINUTES

Channel Coming in 2021

52 FOOT

Ton Barge Crane500

StatewideEconomic Impact

53BILLION

$2 BILLION CAPEX & INFRASTRUCTURE PLAN The State of South Carolina is investing heavily in the supply chain of tomorrow by enhancing port-related infrastructure. Included in the plans:

• $300 Million to make Charleston the deepest port on the U.S. East Coast in 2020.• $970 Million to build the Leatherman Terminal and related projects adding at least 50% more container capacity.• $289 Million for a new dual-served intermodal rail facility.• $600 Million for existing facilities and enhanced IT solutions.• $40 Million for construction of Inland Port Dillon.

RailCharleston is served by CSX Systems and Norfolk Southern, which offer over 40,000 miles of combined freight rail in 23 different states in the Eastern U.S.

RoadwaysINTERSTATE 26I-26 is the main highway running East/West through Charleston, SC. Running inland, I-26 intersects with the East Coast’s major highway I-95. North/South running I-95 meets with I26 about 55 miles NW of Charleston. I-26 also intersects with major highways, I-77, I-20, I-85 & I-40.

• New interchange between Summerville exit and Jedburg Road is now open.• Expansion and widening of roads are currently in place.

AirportCharleston International Airport services over 100 fights per day. The daily flights have increased more than 68% in the past several years.

THE CHARLESTON AREA

No.5 for doing business for 6 straight years.*Area Development Online

#1 city in the U.S. & ranked 10TH best city in the world for 6 consecutive years.*Travel + Leisure Magazine

Charleston | SC voted #1 small U.S. city for 8th consecutive year. *Condé Nast Traveler Magazine

Best place/city to start a career.*WalletHub

9th fastest growing among mid-size metros.*U.S. Bureau of Labor Statistics

SC ranked 3rd best state in U.S. to do business for 4th year in a row.*Chief Executive Group

Charleston voted south’s “Best”, “Friendliest” & “Prettiest” city.*Southern Living Magazine

Charleston ranks #1 city in America for economic opportunity. *Yelp

Ranks 4th on ‘America’s Biggest Boomtowns’ list.*MagnifyMoney

The Charleston metro ranks 25th in U.S. for “Where the most educated millennials live.” *The Brookings Institution

Source: Charleston Regional Development Alliance

THOMAS BUIST, SIOR | RESUME

FIVESIOR Members

PROFILEThomas specializes in sales and leasing of industrial land, warehousing and investment inventory. He offers over

30 years of vast experience in industrial/commercial real estate as a state-licensed broker and is a past South

Carolina licensed appraiser. Thomas is a native of Charleston, South Carolina, giving him an exceptional range

of personal and business contacts to draw upon. Thomas also has expertise in coastal and inland ports, 3PL,

bulk commodities, intermodal, and land acquisition/assemblage. He received his Bachelor of Science degree in

business administration, with an emphasis in Real Estate from the University of South Carolina in 1989. In 2008,

Thomas earned his SIOR designation from the Society of Industrial and Office Realtors.

THOMAS BUIST, SIOR

Broker, Industrial, Land & Investment Specialist

(O) 843.747.1200 • (C) [email protected]

PROFESSIONAL AFFILIATIONS

• Commercial Investment Division (CID) of CTAR - Board of Directors• Society of Industrial and Office REALTORS® (SIOR), Industrial Specialist• South Carolina Association of REALTORS® (SCAR), Member• National Association of REALTORS® (NAR), Member• CoStar Power Broker, 2014• Lee & Associates Charleston’s 2014 & 2018 Agent of the Year• REALTORS® of Distinction, 2013, 2014, 2015, 2018• Charleston Motor Carriers Association• Propeller Club of Charleston

Lee & Associates Charleston has more SIOR & CCIM members than any other firm in the Charleston area!

PRESENTED BY:Thomas Buist, SIOR, Broker843.442.3888 [email protected]

960 Morrison Drive, Suite 400Charleston, SC 29403843.747.1200lee-charleston.com

EASTPORT Industrial Park

Jedburg, SC 29483

@

eastport - dorchester county economic development

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