Cottageville - Family Dollar

Retail-Commercial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30316210
Property Subtypes: Free-Standing Building
Status: Pending/Contingent
Building Size (RSF): 8,320 SF
Gross Building Area: See Agent
Sale Price: $1,357,143
Unit Price: $163.12 PSF
Property Use Type: Net Leased Investment (NNN)
Building Name: Family Dollar
Sale Terms: Cash to Seller, Sale/Leaseback
Cap Rate: 7.0%
Last Updated: 3/14/2019

Overview / Comments

10 year NN lease. 1 5-year option increasing at 7.5%. Remaining 5 5-year options increasing at 5% each option period. Hard corner with 2 access points in the main commercial corridor.

Attachments & Media

Additional Details

Nearest MSA: Charleston-North Charleston
County: Colleton
Submarket/Township: 82 - Colleton County
Tax ID/APN: 152-02-00-043
Area Description: Cottageville is in eastern Colleton County, along U.S. Route 17 A. Walterboro, the county seat, is 11 miles to the west, and Summerville is 20 miles to the east.
Tenancy: Single Tenant
Year Built: 2018

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 2,149 5,894
Median Age: 40.73 41.72
Households: 811 2,305

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