1120 N Main St | Summerville, SC 29483
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- LoopNet Team
1120 N Main St
Summerville, SC 29483
Charleston MSA 24-Hr Store $9.8M Rent Bumps · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 15 YR NNN LEASE WITH RENT INCREASES - 15 yrs remaining on NNN lease & 12 (5-yr) options. 5% increases every 5 yrs in primary lease term & in options
- SERVICING NW AREA OF CHARLESTON - This location is the only Walgreens that services the northwest suburbs of Charleston within a 3-mi radius.
- CHARLESTON-NORTH CHARLESTON MSA - Subject is NW of Charleston and is in the Charleston-North Charleston MSA with a population of ±800,000.
- 24-HR STORE & PHARMACY - Reporting exceptional sales. Both the store & pharmacy are open 24 hours. Offers medication compounding and sells beer & wine
- LOCATED IN RETAIL CORRIDOR - On N Main St surrounded by 2 large shopping centers, North Main Market & Azalea Square totaling ±1.5M SFof retail space.
- LESS THAN 1 MI FROM MAJOR FREEWAY – I-26 is one of the main routes in SE US and runs thru Charleston & Columbia with 77K+ VPD in the direct area
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
15,404 SF
Building Class
B
Year Built
2004
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
1.73 AC
Zoning
SUMMERVILL
Frontage
AMENITIES
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
PROPERTY TAXES
| Parcel Number | 232-00-01-022 | Improvements Assessment | $3,640,000 |
| Land Assessment | $3,460,000 | Total Assessment | $7,100,000 |
PROPERTY TAXES
Parcel Number
232-00-01-022
Land Assessment
$3,460,000
Improvements Assessment
$3,640,000
Total Assessment
$7,100,000
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