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Mixson Commons Center 4831 Mixson Ave 6,400 SF 100% Leased Retail Building North Charleston, SC 29405 $2,921,000 ($456.41/SF) 5.75% Cap Rate
INVESTMENT HIGHLIGHTS
- 100% leased 3 tenant center with NN leases
- Located off a signalized intersection
- SC's 3rd largest city, growing @ 1.7% annually
- Central location in Charleston, SC MSA
- Below market rents and annual rent increases
EXECUTIVE SUMMARY
PRICE: $2,921,000
NOI: $167,958
CAP: 5.75%
WALT: 5 YEARS
TENANTS: SUITES 101 AND 102 | MIXSON KITCHEN | 3,190± SF
SUITE 103 | THE DANCE ATELIER | 1,280 ± SF
SUITE 104 | PARK CIRCLE ORTHODONTICS | 1,930± SF
NOI: $167,958
CAP: 5.75%
WALT: 5 YEARS
TENANTS: SUITES 101 AND 102 | MIXSON KITCHEN | 3,190± SF
SUITE 103 | THE DANCE ATELIER | 1,280 ± SF
SUITE 104 | PARK CIRCLE ORTHODONTICS | 1,930± SF
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
6,400 SF
Building Class
B
Year Built
2019
Price
$2,921,000
Price Per SF
$456.41
Cap Rate
5.75%
NOI
$167,958
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
0.76 AC
Zoning
C - COMMERCIAL
Parking
30 Spaces (4.69 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 471-13-00-273 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $90,920 |
PROPERTY TAXES
Parcel Number
471-13-00-273
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$90,920
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Mixson Commons Center | 4831 Mixson Ave
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