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Well Known Circle K with 25+ years occupancy 10105 N Us-17 Hwy 2,498 SF 100% Leased Retail Building Mc Clellanville, SC 29458 $1,850,000 ($740.59/SF) 4.26% Cap Rate
EXECUTIVE SUMMARY
Great location of Circle K. Circle K is on a land lease with zero landlord obligations. Current term ends 4/30/2027. An additional 4 extensions of 5 years available to tenant. Stable location with significant barriers to entry for competition. Located at a light. C-Store has Diesel and Kerosene pumps. Includes extra 1.08 acres of developable land behind the Circle K.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Convenience Store
Building Size
2,498 SF
Building Class
C
Year Built/Renovated
1992/1998
Price
$1,850,000
Price Per SF
$740.59
Cap Rate
4.26%
NOI
$78,750
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.05
Lot Size
1.19 AC
Parking
12 Spaces (4.8 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 764-00-00-477 | Improvements Assessment | $827,648 |
| Land Assessment | $299,552 | Total Assessment | $1,127,200 |
PROPERTY TAXES
Parcel Number
764-00-00-477
Land Assessment
$299,552
Improvements Assessment
$827,648
Total Assessment
$1,127,200
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Well Known Circle K with 25+ years occupancy | 10105 N Us-17 Hwy
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