Shopping Center For Sale in Summerville

Shopping Center for Sale
Catylist Listing ID: 30193036
Property Subtypes: Neighborhood Center, Strip Center
Building Size (RSF): 12,000 SF
Gross Land Area: 1.39 Acres
Sale Price: $2,400,000
Unit Price: $200 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Building Name: Dorchester Shoppes
Sale Terms: Cash to Seller
Cap Rate: 7.5%
Last Updated: 10/16/2020

Overview / Comments

This center is fully leased with local businesses that include I Heart CBD, Serenity Massage & Spa, Just Stuff It Catering, Charleston Bakery and Delicatessen, Low Country Clippers, Havana Cigars and Red Jasmine. The center is highly visible and located on the corner of heavily traveled Dorchester Rd and Bacon’s Bridge Rd next to the CVS on the corner in a fast growing corridor of Summerville. The center has plenty of parking and great ingress/egress onto Dorchester Road and Bacon's Bridge Road and just minutes to HWY 17A and HWY 61.

Attachments & Media

Current Tenants

Tenant Business Name Massage Serenity Spa
Tenant Business Name Just Stuff It Catering
Tenant Business Name Red Jasmine
Tenant Business Name Charleston Bakery
Tenant Business Name Havana Cigars
Tenant Business Name Heritage Trust
Tenant Business Name Low Country Clippers
Tenant Business Name I Heart CBD

Additional Details

Nearest MSA: Charleston-North Charleston
County: Dorchester
Submarket/Township: 62 - Summerville/Ladson Area to Hwy.165
Tax ID/APN: 1521601014
Property Located Between: Bacons Bridge Rd & Dorchester Rd
Property Visibility: Excellent
Largest Nearby Street: Bacons Bridge Rd
Feet of Frontage: 120
Traffic/Vehicle Count: 26,200
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 2003
Total Parking Spaces: 55
Zoning Description: CG

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,299 46,591 111,248
Median Age: 38.96 36.74 35.53
Households: 3,028 17,858 41,499
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