Catylist ID:
#30405347
| Catylist Listing ID: | 30405347 |
| Building Size (RSF): | 4,800 SF |
| Gross Building Area: | See Agent |
| Sale Price: | $1,025,000 |
| Property Use Type: | Net Leased Investment (NNN), Investment, Business |
| Sale Terms: | Cash to Seller, Owner Financing |
| Cap Rate: | 8.0% |
| Last Updated: | 6/23/2022 |
Overview / Comments
|
Carwash and laundry currently operating Prime location and high visibility on Savannah Highway Redevelopment potential for automotive, retail, dining , QSR 27,000+ vehicles per day Property will not be impacted by planned intersection improvements at US 17 & Main Rd. Laundry master leased for 10 years with guarantee. Billboard leased to Adams Outdoor. Annual gross $82,500. |
Financials
| Finance Data Year | 2019 |
|---|---|
| Gross Operating Income | $106,752 (Annual) |
| Actual or Proforma Year | Actual |
Additional Details
| Nearest MSA: | Charleston-North Charleston |
| County: | Charleston |
| Submarket/Township: | 12 - W.Ashley outside I-526 to Rantowles |
| Tax ID/APN: | 285-00-00-179 |
| Zoning: | GB - General Business |
| Property Visibility: | Excellent |
| Total Number of Buildings: | 2 |
| Property Condition: | Fair |
| Year Built: | 1980 |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
| Easements: | Ingress/Egress, Other |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 998 | 16,105 | 62,269 |
| Median Age: | 32.88 | 36.7 | 36.82 |
| Households: | 437 | 6,755 | 26,824 |
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