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Chipotle Mexican Grill 8601 Dorchester Rd 2,325 SF 4-Star Retail Building North Charleston, SC 29420 $3,750,000 ($1,612.90/SF) 4.80% Cap Rate
Investment Highlights
- Brand new Chipotle Mexican Grill (CMG)
- National Co-tenants (Starbucks)
- New construction with Chipotlane
- Corporate Guarantee, 15 YR Absolute NNN Lease with extensions
- Convenient Location on Dorchester Road (45,300 VPD)
- Strong Demographics
Executive Summary
Broadstreet Partners presents an investment opportunity to acquire a
Chipotle location at 8601 Dorchester Road in North Charleston, SC. This
property is offered at $3,750,000 with a 4.8% cap rate and $180,000 NOI.
Strategically positioned between Cedar Grove Commons and Publix
on Dorchester Road (45,300 vehicles per day), the property features
a signalized intersection and excellent highway visibility. The location
benefits from cotenancy with Starbucks and proximity to a newly
developed shopping center featuring major retailers including Home
Goods, PetSmart, Ulta, Five Below, Ross, and Lidl.
The Charleston MSA is powered by diverse economic drivers and a
thriving tourism industry. This investment offers an attractive opportunity
in a proven profitable location within one of the fastest-growing markets
in the Southeast
Chipotle location at 8601 Dorchester Road in North Charleston, SC. This
property is offered at $3,750,000 with a 4.8% cap rate and $180,000 NOI.
Strategically positioned between Cedar Grove Commons and Publix
on Dorchester Road (45,300 vehicles per day), the property features
a signalized intersection and excellent highway visibility. The location
benefits from cotenancy with Starbucks and proximity to a newly
developed shopping center featuring major retailers including Home
Goods, PetSmart, Ulta, Five Below, Ross, and Lidl.
The Charleston MSA is powered by diverse economic drivers and a
thriving tourism industry. This investment offers an attractive opportunity
in a proven profitable location within one of the fastest-growing markets
in the Southeast
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Retail
Building Size
2,325 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2026
Construction Status
Under Construction
Price
$3,750,000
Price Per SF
$1,612.90
Cap Rate
4.80%
NOI
$180,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.89 AC
Zoning
PDD - Commercial
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $149,172 | Total Assessment | $149,172 |
Property Taxes
Parcel Numbers
Land Assessment
$149,172
Improvements Assessment
$0
Total Assessment
$149,172
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Chipotle Mexican Grill | 8601 Dorchester Rd
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