Catylist ID: #30418387
Flex Retail Warehouse
Retail-Commercial for Sale
|Catylist Listing ID:||30418387|
|Property Subtypes:||Free-Standing Building, Mixed Use, Street Retail, Other|
|Building Size (RSF):||4,000 SF|
|Gross Building Area:||See Agent|
|Property Use Type:||Net Leased Investment (NNN), Investment|
|Building Name:||Cainhoy Plaza|
|Sale Terms:||Cash to Seller|
Overview / Comments
Across from Nucor Steel. Consists of four 1000 sf units that are leased to two tenants with two units each.
This listing is for Units A, B, C, and D being purchased together yielding an 11% CAP rate.
Units C and D can be purchased separately for $170,000 (separate listing 30418537). Units C and D have a modified NNN lease yielding a 10% CAP rate. Lease is three years, with two three year options with 3% escalation each year.
Units A and B have 1 year remaining, not paying toward building costs. Tenant wants to remain long term.
|Nearest MSA:||Charleston-North Charleston|
|Submarket/Township:||75 - Rural: Cross/St.Stephens/Bonneau|
|Tax ID/APN:||2480501001, 002, 003, 004|
|Zoning:||GC - General Commercial District|
|Retail Clientele:||General, Business|
|Site Description:||Cainhoy Plaza consists of 7 buildings, this offering is in front on Cainhoy Road.|
|Total Number of Buildings:||1|
|Number of Stories:||1|
|Part of Planned Development?:||Yes|
|Proximity:||3 miles||5 miles|
Michael J WhiteBrand Name Real Estate of SC Inc SCCMLS Member
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