Leased Real Estate Investment

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30073568
Property Subtypes: Convenience Store, Free-Standing Building, Restaurant, Street Retail, Other
Status: Pending
Building Size (RSF): 3,600 SF
Gross Building Area: See Agent
Sale Price: $389,000
Unit Price: $108.06 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller, Other
Cap Rate: 8.0%
Last Updated: 1/15/2018

Overview / Comments

Leased investment property. Block building on the corner of Dorchester Road and S. Allen Drive near I-26. Roughly two 1800 square foot units both leased with escalations. Corner unit has been operated as a convenience store for over 20 years. 2nd bay has new retail clothing store. Contact broker for additional information.

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 31 - N.Charleston Area inside I-526
Tax ID/APN: 469-05-00-288
Retail Clientele: General, Traveler
Property Visibility: Excellent
Largest Nearby Street: Dorchester Road
Property Condition: Good
Year Built: 1969
Roof Type: Flat
Construction/Siding: Block

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,474 47,403 139,517
Median Age: 32.31 35.43 34.22
Households: 3,822 18,979 56,846


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