NN Lease | Retail Site | Annual NOI Increases | Hwy 17 N
|Catylist Listing ID:
Free-Standing Building, Retail-Pad, Other
|Building Size (RSF):
|Property Use Type:
||Cash to Seller
Overview / Comments
Oswald Cooke & Associates is pleased to offer a new 10-Year NN leased retail store located at 1755 Hwy 17 N in Mount Pleasant, South Carolina. The 4,250 SF building is currently leased to Ferguson Family Mattress Superstore and offers 3% annual rent escalations during the base term and all options. The site is located at a traffic lit intersection on Mount Pleasant’s main retail corridor, Highway 17 N (40,900 VPD). The site has experienced a 35% population growth (5 Miles) over the past ten years. Other national retailers in the area include Walmart, Lowes, Publix Greenwise, Belk, Starbucks, Cook Out, Bojangles, CVS, Gap, Old Navy, and many others. Mount Pleasant is home to the highest income, education and housing demographics in the greater Charleston market.
Attachments & Media
||42 - Mt.Pleasant South of IOP Connector
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