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1544 Central Ave
Summerville, SC 29483
Starbucks & Heartland Dental | Charleston MSA · Retail Property For Sale

Investment Highlights

  • CHARLESTON, SC MSA – HIGH-GROWTH COASTAL MARKET
  • STRONG CREDIT TENANTS
  • NEW CONSTRUCTION

Executive Summary

ATTRACTIVE LEASE FUNDAMENTALS
- New 10-year leases with corporate guarantees
- Secure, long-term cash flow
- Four (4) five-year renewal options for Starbucks
- Four (4) five-year renewal options for Heartland Dental
- 10% rent increases every five years
- Escalations apply during base term and options
- Strong hedge against inflation and long-term income growth
STRONG CREDIT TENANTS
- Leased to two nationally recognized tenants
- Heartland Dental operates 1,800+ locations nationwide
- Diversified and stable dental services platform
- Starbucks operates 38,000+ locations worldwide
- Publicly traded on NASDAQ (SBUX)
- Strong global brand and consistent operating performance
- Durable income with low probability of default
POSITIONED IN DENSE RETAIL NODE
- Located in a dense retail corridor
- Across the street from a Publix-anchored center
- 300,000+ SF of retail within a 1-mile radius
- Nearby retailers include Publix, Family Dollar, AutoZone, and Grayco Hardware & Home Goods
NEW CONSTRUCTION
- Newly constructed multi-tenant retail asset
- Built to each tenant's current prototype and specifications
- Heartland Dental completed build-to-suit with significant capital investment
- Warranties in place
- Starbucks features modern prototype with drive-thru
- Enhanced digital and mobile ordering capabilities
- Designed for operational efficiency and long-term performance
CHARLESTON, SC MSA – HIGH-GROWTH COASTAL MARKET
- Located in the Charleston metropolitan area
- High-growth coastal market in the Southeast
- Strong population growth and job creation
- Diverse economy: tourism, logistics, manufacturing, healthcare
- Attractive quality of life and ongoing infrastructure investment
- Supports long-term retail performance and investment stability
STRONG LOCAL ECONOMIC DRIVERS
- Located in Summerville, one of the fastest-growing communities in the Charleston metropolitan area
- Strong residential and commercial development
- Near major employers including Boeing, Volvo Cars, Mercedes-Benz Vans, and the Port of Charleston
- Employment growth driving population and income expansion
- Supports long-term demand for healthcare and financial services

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Bank
Building Size
6,621 SF
Building Class
C
Year Built
2026
Construction Status
Under Construction
Price
$5,736,000
Price Per SF
$866.33
Cap Rate
5.75%
NOI
$329,800
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
0.78 AC
  • Listing ID: 40696753

  • Date on Market: 5/28/2026

  • Last Updated:

  • Address: 1544 Central Ave, Summerville, SC 29483

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