Marcus & Millichap Brokers Sale of Office Building in Charleston for Senior Care Conversion

by Jeff Shaw

CHARLESTON, S.C. — Marcus & Millichap has arranged the sale of 7445 Cross County Road, a 6,787-square-foot office property located in Charleston.

“The new tenant, Elite Home Care and Day Center, is a reputable provider of adult day care services and is rapidly expanding,” says Ani Paulson, vice president investments. “Having started in the Greenville-Spartanburg area, they now have locations in Columbia, Georgetown and Myrtle Beach.”

Paulson, investment specialist in Marcus & Millichap’s Atlanta office, had the exclusive listing to market the property on behalf of the seller, John Price, a lawyer in Charleston.

The office property is situated on 0.73 acres just off Ashley Phosphate Road, with traffic counts exceeding 73,2000 vehicles per day. Between 2010 and 2020, North Charleston experienced a significant population increase of over 15 percent, with a notable 20 percent rise in residents age 65 and older, highlighting its growing appeal as a retirement destination.

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