4.95 Acres - NNN Income & Raw Land

Retail-Commercial for Sale
Catylist Listing ID: 30680764
Property Subtypes: Convenience Store, Free-Standing Building, Mixed Use, Retail-Pad, Service Station/Gas Station, Other
Building Size (RSF): 13,125 SF
Gross Building Area: See Agent
Sale Price: $4,092,657
Unit Price: $311.82 PSF
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: 7.0%
Last Updated: 1/15/2021

Overview / Comments

The 4.95 Acre lot is located at the traffic lit corner of Jedburg Road and W 5th North Street (Hwy 78). The site is currently home to Circle K convenience store and a 13,125+/- square foot retail space that has recently undergone renovations. There is also approximately 2.3+/- acres of vacant land which can be developed. 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: 122-00-00-0179.000, 122-00-00-078.000
Traffic/Vehicle Count: 28,100
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 1
Property Condition: Excellent
Year Built: 1978
Year Renovated: 2020

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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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