Leased NNN Investment For Sale

Retail-Commercial for Sale
Catylist Listing ID: 30348844
Property Subtypes: Restaurant
Building Size (RSF): 4,674 SF
Gross Building Area: See Agent
Gross Land Area: 2 Acres
Sale Price: $990,000
Unit Price: $211.81 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Sale Terms: Cash to Seller
Cap Rate: 6.0%
Last Updated: 9/14/2019

Overview / Comments

This 4,674 sq building is in wonderful shape and on 2 acres with room for expansion. Great location between Summerville and Ladson in the corridor of growth on Hwy 78. Building is currently leased for five years with 3% annual increases. Great return on your investment!

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Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Tax ID/APN: 385-06-00-024
Property Visibility: Excellent
Largest Nearby Street: Berlin G Myers Parkway
Feet of Frontage: 120
Tenancy: Single Tenant
Property Condition: Good
Year Built: 2001
Parking Type: Surface
Zoning Description: General Commercial
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,221 58,728 142,842
Median Age: 36.06 34.67 34.49
Households: 1,005 21,817 53,083

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