Dustin Potter And Aaron Lazovik Of Obelisk Real Estate Partners Acquire Industrial Properties In Hanahan SC
5801 North Rhett Avenue, 1020 N. Pointe Industrial Blvd & 1020 North Pointe Industrial Boulevard
Building Size
821,250 SF
Asset Type
Industrial
Closing
Aug 7, 2026
AI
Obelisk Real Estate Partners acquired an industrial portfolio in Hanahan, South Carolina, consisting of properties located at 5801 North Rhett Avenue and 1020 North Pointe Industrial Boulevard. The portfolio encompasses a total of 821,250 square feet.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Undisclosed
- Address: 5801 North Rhett Avenue & 1020 North Pointe Industrial Boulevard
- Market: Hanahan, SC
- Square Footage: 821,250
- Buyer: Dustin Potter & Aaron Lazovik - Obelisk Real Estate Partners
- Seller: Jim Clewlow - CenterPoint Properties
- Brokers: Brendan Redeyoff & Bob Barrineau - CBRE
CBRE was retained to lease the property at 5801 North Rhett Avenue, which has nearly 319,000 square feet available as Obelisk targets manufacturing, logistics, and distribution tenants.
Players
Charlotte Hall Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93