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Starbucks 9033 Old Number Six Hwy 2,500 SF 4-Star Retail Building Santee, SC 29142 $2,000,000 ($800/SF) 5.85% Cap Rate
INVESTMENT HIGHLIGHTS
- Interstate Exit on I-95
- (6) 5-Year Renewal Options
- 10-Year NN Lease
- Starbucks - 2020 Construction
EXECUTIVE SUMMARY
The property is strategically located at Exit 98 on Interstate 95, a major East Coast travel corridor. Santee is a popular tourism destination anchored by Lake Marion, South Carolina’s premier fishing and recreational lake. The surrounding retail corridor includes McDonald’s, CVS, Bojangles, Taco Bell, Dollar General, multiple hotels, and other national brands, supporting strong traffic counts and long-term tenant performance.
PROPERTY FACTS
AMENITIES
- Freeway Visibility
- Pylon Sign
- Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Accommodation and Food Services
- -
- $46.80
- Triple Net
- Feb 2031
Starbucks is a multinational coffeehouse chain founded in 1971 in Seattle, Washington. Initially a retailer of coffee beans and equipment, the company expanded under Howard Schultz’s leadership in the late 1980s to become a global coffeehouse brand. Starbucks operates thousands of stores worldwide, offering coffee, tea, and food products alongside branded merchandise. The company emphasizes ethical sourcing and sustainability in its operations. Its growth strategy includes licensed stores, digital ordering platforms, and specialty formats such as Starbucks Reserve® Roasteries.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Accommodation and Food Services | - | $46.80 | Triple Net | Feb 2031 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0324-17-02-006.000 | Improvements Assessment | $57,984 |
| Land Assessment | $66,276 | Total Assessment | $124,260 |
PROPERTY TAXES
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Starbucks | 9033 Old Number Six Hwy
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