14,000+ SF Strip Mall on 7 Acres

Shopping Center for Sale
Catylist Listing ID: 30654503
Property Subtypes: Strip Center
Building Size (RSF): 14,234 SF
Gross Building Area: See Agent
Sale Price: $1,000,000
Unit Price: $70.25 PSF
In Opportunity Zone? Yes
Property Use Type: Investment
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 10/4/2020

Overview / Comments

Great value add in opportunity zone! Two buildings containing 10 retail units and an apartment, totaling over 14,000 square feet with 395 feet of frontage on Rt 27/Old Gilliard Rd. Includes 2 parcels totaling over 7 acres with plenty of flat, high ground for additional development. Close to Volvo, Camp Hall, I-26 and proposed Walmart distribution center. Well-constructed brick/block buildings undergoing exterior renovations are ongoing to include new roofs, siding and paint. Several short term leases in place and much interest in the vacant units.

Additional Details

Nearest MSA: Charleston-North Charleston
County: Dorchester
Submarket/Township: 75 - Rural: Cross/St.Stephens/Bonneau
Tax ID/APN: 1560002064 & 1560002091
Year Built: 1989

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 2,323 6,227
Median Age: 40.27 39.17
Households: 691 1,650

Contact

Photograph of Listing Agent

Chris J Calabrese

Gatehouse Realty, LLC SCCMLS Member
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