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Starbucks 8611 Dorchester Rd 2,500 SF Retail Building North Charleston, SC 29420 $2,775,000 ($1,110/SF) 5.75% Cap Rate
Investment Highlights
- Brand new Starbucks (SBUX)
- Convenient Location on Dorchester Road (45,300 VPD)
- Strong Demographics
- National Co-tenants (Chipotle)
- Corporate Guarantee, 10 YR NNN Lease with extensions
Executive Summary
Broadstreet Partners presents an investment opportunity to acquire a Starbucks location at 8611 Dorchester Road in North Charleston, SC. This property is offered at $2,775,000 with a 5.75% cap rate and $159,500 NOI.
Strategically positioned between Cedar Grove Commons and Publix on the going to work side of Dorchester Road (45,300 vehicles per day), the property features a signalized intersection and excellent highway visibility. The location benefits from co-tenancy with Chipotle 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.
Strategically positioned between Cedar Grove Commons and Publix on the going to work side of Dorchester Road (45,300 vehicles per day), the property features a signalized intersection and excellent highway visibility. The location benefits from co-tenancy with Chipotle 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
Sale Condition
Build to Suit
Property Type
Retail
Building Size
2,500 SF
Year Built
2026
Price
$2,775,000
Price Per SF
$1,110
Cap Rate
5.75%
NOI
$159,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.89 AC
Zoning
PDD - Commercial
Parking
24 Spaces (9.6 Spaces per 1,000 SF Leased)
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
1 of 4
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Starbucks | 8611 Dorchester Rd
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