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Serendipity Labs -Nexton
25,000 square foot, two story flexible office building in the master planned community of Nexton in the Charleston, SC suburb of Summerville. Located in the heart of the Nexton Square town center development, the project provides walkable access to dozens of restaurants and shops. The building will meet the demand for flexible, high quality private office space in one of the fastest growing developments in the country. The building will be operated by Serendipity Labs, a national provider of upscale flexible workspaces.
8.8%
Target Return on Cost
45%
Target IRR
23%
Target Cash on Cash Return
3.75%
Target Equity Multiple
Overview
25,000 sq ft shared office in the heart of Nexton, a master planned community of over 10,000 residential units

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