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Popeye's 460 N Hwy 52 2,182 SF Retail Building Moncks Corner, SC 29461 $1,800,000 ($824.93/SF) 6.94% Cap Rate
Investment Highlights
- 15-Year Absolute NNN Lease
- Moncks Corner is currently one of the fastest-growing municipalities in South Carolina
- 2,200 SF Drive Thru - Lee's Famous Chicken
Executive Summary
Oswald Cooke & Associates is pleased to offer 460 N Highway 52 in Moncks Corner, SC available for sale to a qualified buyer. The property is subject to a 15-Year absolute NNN lease that commenced in December 2025. The property is currently undergoing up-fit but Tenant is already paying rent. The 2,200 SF drive thru is leased to Lee’s Famous Chicken and sits on 1 acre of land. The site is located on Highway 52 and is the main retail corridor of Moncks Corner. Other tenants in the area include Wal-Mart, Chick-Fil-A, Zaxby’s, Wendy’s, Take 5, Tractor Supply, Slim Chickens and many others. Moncks Corner is currently one of the fastest-growing municipalities in South Carolina, serving as a key residential hub for the expanding Charleston metropolitan area.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,182 SF
Building Class
A
Year Built
2021
Price
$1,800,000
Price Per SF
$824.93
Cap Rate
6.94%
NOI
$124,920
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.02 AC
Opportunity Zone
Yes
Zoning
C-2 - MONCKS CORNER
Parking
26 Spaces (11.92 Spaces per 1,000 SF Leased)
Amenities
- Drive Thru
- Monument Signage
- Air Conditioning
Nearby Major Retailers
Property Taxes
| Parcel Number | 123-00-01-046 | Improvements Assessment | $1,101,800 |
| Land Assessment | $850,000 | Total Assessment | $1,951,800 |
Property Taxes
Parcel Number
123-00-01-046
Land Assessment
$850,000
Improvements Assessment
$1,101,800
Total Assessment
$1,951,800
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Popeye's | 460 N Hwy 52
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