Circle K - Ground Lease - Jedburg Road
Retail-Commercial
for Sale
| Catylist Listing ID: |
30712064 |
| Property Subtypes: |
Convenience Store, Free-Standing Building, Service Station/Gas Station, Vehicle Related
|
| Building Size (RSF): |
2,684 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
1.63 Acres
|
| Sale Price: |
$2,120,000 |
| Unit Price: |
$789.87 PSF |
| Property Use Type: |
Net Leased Investment (NNN) |
| Building Name: |
Circle K |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
5.25% |
| Last Updated: |
4/13/2021 |
Overview / Comments
Oswald Cooke & Associates is pleased to present the Absolute NNN Circle K located 2895 W 5th North Street, Summerville, SC for sale. The property will be reconfigured to include 1.63 acres. The lease expires in May 2027. The site is located at the intersection of W 5th North Street (Hwy 78) and Jedburg Road. This intersection has a brand new Food Lion, Dollar General, Speedway, and Davita Dialysis. The property offers entrances from both West 5th North Street (Hwy 78) and Jedburg Road. The site is only five miles to Main Street Summerville and two and a half miles to Interstate 26. The combined traffic count for this intersection is 28,100+ VPD. This is a developing corridor that is surrounded by industrial parks, residential communities, and the new Volvo plant and Walmart Distribution Center.
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Additional Details
| Nearest MSA: |
Charleston-North Charleston |
| County: |
Dorchester |
| Submarket/Township: |
63 - Summerville/Ridgeville Area |
| Tax ID/APN: |
122-00-00-078.000 |
| Zoning: |
CG - General Commercial District |
| Year Built: |
1984 |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
19,589 |
60,627 |
| Median Age: |
35.43 |
36.17 |
| Households: |
6,907 |
21,909 |
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