Family Dollar - College Park Rd

Retail-Commercial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30172608
Property Subtypes: Free-Standing Building, Street Retail
Status: Pending/Contingent
Building Status: Under Construction
Building Size (RSF): 8,320 SF
Gross Building Area: See Agent
Sale Price: $1,810,445
Unit Price: $217.60 PSF
Property Use Type: Net Leased Investment (NNN)
Building Name: Family Dollar
Sale Terms: Cash to Seller
Cap Rate: 5.85%
Last Updated: 2/17/2018

Overview / Comments

Rare 15 year, NNN, Dollar Tree corporate guaranteed lease. 5% bump after year 10 in initial term. Six 5-year options increasing at 5% each option period. Zero landlord obligations.

11,700 VPD. Prime for future redevelopment in Charleston' s quickest growing sub-market. Dense infill location.

Attachments & Media

Additional Details

Nearest MSA: Charleston-North Charleston
County: Dorchester
Submarket/Township: 74 - Jedburg Rd-Black Tom-Hwy.17a-Col.Pk.
Tax ID/APN: 2330803050
Year Built: 2017

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,633 56,255 134,950
Median Age: 30.33 34.86 33.8
Households: 2,292 20,131 50,024


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