This property is Off-Market

6385 Savannah Hwy (US Hwy 17)
Ravenel, SC 29470 ·

9,014 SF · Retail For Sale

N/A

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Dollar General Store

Price N/A Cap Rate 7.50%
Building Size 9,014 SF Occupancy 100%
Property Type Retail No. Stories 1
Property Sub-type Free Standing Bldg Tenancy Single
Property Use Type Investment Year Built 2006
Commission Split 2% Lot Size 1.03 AC
Listing ID: 14610677 Date Created: 05/08/2006 Last Updated: 12/09/2006

Description

A 9,014 square foot build-to-suit retail store for Dollar General. Pre-engineered metal building with decorative split-face block and glass storefront. Paved parking for 35 automobiles. Rent is $58,200 net for years 1-10. Rent increases to $66,900 in option one (years 11-15), $73,620 in option two (years 16-20) and $81,000 in option three (years 21-25). New construction with October 1, 2006 opening.

+/- 1.032 acre site with approximately 150 feet of frontage on US Hwy 17. Traffic count of 17,600 vehicles per day. Situated near intersection with SC Hwy 165, which is the center of Ravenel.

Highlights

  • Excellent 1031/Investment Property
  • Investment Grade Tenant
  • New Construction
  • Ten Year Net Lease (with increases in the 3-5 year options)

Research

6385 Savannah Hwy (US Hwy 17), Ravenel, SC 29470 (Charleston County)

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