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8 Executive Park Rd 4,910 SF Retail Building Hilton Head Island, SC 29928 $2,100,000 ($427.70/SF) 7.67% Cap Rate
Executive Summary
Prime Hilton Head Island Location, Pope Avenue corridor land/ site, with high traffic frontage- over 200 feet. 2nd generation restaurant development with all needed infrastructure in place including hood system, dish room, employee restroom, office, IT closest, grease trap, walk in cool, walk in freezer, long draw beer system and much more. Full renovation in 2024 including all mechanical systems, ensuring esse in in creating new concept for the site. Large onsite parking, bikepath and sidewalk entry, outdoor patio, and full permissions for liquor sales.
New minimum service, high end Hotel being constructed on sister site, less than 200 feet from the entrance. Great additional revenue, value add, opportunity once hotel opens in 4th quarter of 2026 for bar, dining and banquet sales.
New minimum service, high end Hotel being constructed on sister site, less than 200 feet from the entrance. Great additional revenue, value add, opportunity once hotel opens in 4th quarter of 2026 for bar, dining and banquet sales.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Building Size
4,910 SF
Building Class
C
Year Built/Renovated
1973/2024
Price
$2,100,000
Price Per SF
$427.70
Cap Rate
7.67%
NOI
$161,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.84 AC
Zoning
CC
Frontage
200’ on Pope Avenue
Amenities
- Courtyard
- Freeway Visibility
- Pylon Sign
- Restaurant
- Signalized Intersection
- Storage Space
- Monument Signage
- Air Conditioning
- Smoke Detector
- End of Trip Facilities
- Cafe
- Awning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Back Nine Realty LLC
- Real Estate
- -
- -
- -
- The Richardson Group
- -
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Back Nine Realty LLC | Real Estate | - | - | - | ||
| The Richardson Group | - | - | - | - |
Fairly walkable
50/100
Exceptionally drivable
100/100
Exceptionally bikeable
90/100
Nearby Major Retailers
Property Taxes
| Parcel Number | R552-015-000-0091-0000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $81,000 |
Property Taxes
Parcel Number
R552-015-000-0091-0000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$81,000
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8 Executive Park Rd
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