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1846 Remount Rd., North Charleston, SC 29406

N/A

825 SF | Retail

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Checkers

Retail Property - Off Market

Price:
N/A
Building Size:
825 SF
Property Type:
Retail
Property Sub-type:
Restaurant
Property Use Type:
Net Lease Investment with
10+ years left on lease
Construction Status:
Under Construction/
Proposed
Cap Rate:
7.50%
Tenancy:
Single
Lot Size:
0.48 AC
Listing ID
18279437
Last Updated
364 days ago

Description

The subject offering is a 20 year NNN lease with (2) 5 year options and rent increases at 3.5% every two years.  There are a multiple national retailers in the trade area, including Walgreens, CVS, Bi-Lo, Hardees and O' Reilly' s. The lease is scheduled to commence in September 2013.

As part of the North Charleston trade area the property is located less than a half mile off of Interstate 26. The site is convenient to the Boeing Headquarters, Kapstone Paper Mill, SPAWAR and the Charleston International Airport. The population of North Charleston increased 22.4% between 2000 and 2010. Traffic counts are 27,800 VPD on Remount Road and 6,800 VPD on Yaemans Hall Road.

Map of 1846 Remount Rd., North Charleston, SC 29406 (Charleston County)

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