Chugach Government Solutions – North Charleston, SC

Chugach Government Solutions
7384 Industry Drive, North Charleston, SC, USA

Sands Investment Group is pleased to exclusively offer for sale the 19,500 SF Chugach Government Solutions NNN facility located at 7384 – 7392 Industry Drive in North Charleston, South Carolina. The property is secured by a lease that offers very limited landlord responsibilities along with strong 3% annual rent escalations, providing stable and growing income. This structure creates an excellent opportunity for investors seeking a hands-free, passive investment leased by a leading government contractor tenant, making it a highly attractive and unique investment offering.

  • Strong Tenant: Chugach Government Solutions is one of the largest providers of construction, facilities management, technical, and education services supporting DoD and federal agencies worldwide. Chugach Government Solutions is a part of Chugach Alaska Corporation (CAC), which consistently ranks as one of the largest and highest-performing Alaska-based companies.
  • Passive Lease Structure: Lease provides very limited landlord responsibilities and strong 3% annual rent escalations, making this a great opportunity for an investor looking for a hands-free passive investment.
  • Recent Expansion: The tenant recently extended their lease early and expanded at the site. After the expansion, the tenant now takes up the entirety of the building, further proving their long-term commitment to the location.
  • Significant Tenant Investment: Over the years, the tenant has made significant capital investments in the building, including new flooring, new lighting, new HVAC systems, and interior office and lab space upgrades.
  • Strategically Located: The Property is located in Pepperdam Industrial Park in North Charleston, the primary industrial submarket for the Charleston, SC MSA, and is highly accessible to I-26, which offers direct connectivity to Charleston’s urban core, Mount Pleasant, and key regional distribution corridors. The area also benefits from proximity to the Port of Charleston and Charleston International Airport, supporting robust logistics and manufacturing activity.
  • Strong Neighboring Tenants: Other nearby notable national tenants include XPO, United Rentals, Ryder, BrandSafway, Fastenal, Graybar, TruGreen, TruckPro, SCP, ServiceMaster, Ewing Supply, Ferguson Waterworks, and Grainger Industrial Supply.

In Cooperation With Sands Investment Group Charleston, LLC – Lic. #20891 BoR: Chris Sands – Lic. SC #93103

Chugach Government Solutions
7384 Industry Drive, North Charleston, SC, USA

Chugach Government Solutions

Chugach Government Solutions (CGS) is a U.S.–based government contracting company that provides mission-critical services to federal agencies, particularly in defense, intelligence, and civilian government sectors. The company is headquartered in Anchorage, Alaska and operates as a subsidiary of Chugach Alaska Corporation, an Alaska Native regional corporation established under the Alaska Native Claims Settlement Act. Founded in 1971, Chugach Government Solutions supports the U.S. government through a wide range of operational, infrastructure, and technical services. The company employs more than 4,000 people globally and works across numerous federal agencies and military installations in the United States and internationally.

Price

$4,650,000

Cap Rate

7.02%

PREMISES

19,500 SF

RENEWAL OPTIONS

None

Lease Expiration

02/28/2031

Lease Type

NNN

RENTAL INCREASES

3% Annually

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