4221 Faber Place Drive, North Charleston, SC 29405 (MLS# 31007334)

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

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.

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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