This Retail Property is Off-Market.

8730 Dorchester Rd.
North Charleston, SC 29420 ·

12,600 SF · Retail For Sale

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Retail Property For Sale

Price N/A Property Use Type Net Lease Investment with 10+ years left on lease
Building Size 12,600 SF Cap Rate 7.50%
Property Type Retail Tenancy Single
Property Sub-type Free Standing Bldg Lot Size 2.57 AC
Listing ID: 15592443 Date Created: 03/03/2008 Last Updated: 07/17/2009

Description

The building is leased to Goodwill Industries. It was built in 2002 and sits on a concrete slab and is brick veneer and steel. The lease is a 15 year lease with 2-five year options. The lease commenced on March 1, 2002. The lease runs to 2/28/2017. The current rents are $209,640 and will increase as of 3/1/2012 to $215,640. Rents in the option period will be $215,640. The lease is triple net with the exception that the landlord will pay for repairs to the foundation, roof, exterior walls, structural components, exterior curbing, guttering, paving, lot striping, and 55% of the maintenance of the retention pond.
This space is a great 1031 property!

The property is in a great location on Dorchester Rd. in front of Coosaw Creek.

Research

8730 Dorchester Rd., North Charleston, SC 29420 (Dorchester County)

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