15-Year Absolute NNN - Bank of America - Folly Road
|Catylist Listing ID:
Free-Standing Building, Retail-Pad, Other
|Building Size (RSF):
|Gross Building Area:
|Property Use Type:
||Net Leased Investment (NNN), Investment
||Cash to Seller, Sale/Leaseback
Overview / Comments
Oswald Cooke & Associates is pleased to offer a 15-Year Absolute NNN leased Bank of America property to the market. The branch is located in the dense and developed suburb of James Island, the closest community to the City of Charleston. The 1.11 acre site is an outparcel to the Publix Shopping Center, and boasts a 5-Mile population of 108,582 people. The branch has deposits in excess of $185,000,000 (2020), easily the largest base in the sub-market. The new lease and recapture are the result of two branches merging together last year. Other national retailers in the area include: CVS, Harris Teeter, Arby’s, McDonalds, Wendy’s, Lowe’s, IHOP, Chick-Fil-A and many others. Barrier to entry on the Island is extreme, and this branch is located in the geographical center of the trade area.
Attachments & Media
||21 - James Island
© Copyright 2001-2020 Catylist. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither South Carolina Statewide Commercial MLS nor
Catylist Real Estate Software, Inc. assume any liability for errors or omissions.