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.

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

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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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