9145 University Blvd 3,007 SF Retail Building Charleston, SC 29406 $2,182,073 ($725.66/SF) 5.50% Cap Rate

Oswald Cooke & Associates is pleased to present 9145 University Blvd. in Charleston, SC, an attractive investment opportunity for a qualified buyer. The property is subject to a 20-year absolute NNN ground lease, providing a low-maintenance ownership structure with 1% annual rent increases and one remaining 5-year renewal option.
The building was renovated in 2008, and the tenant recently exercised its first 5-year renewal option, demonstrating continued commitment to the location. The current renewal term extends through March 2030.
Strategically located on University Boulevard just off Interstate 26, the property benefits from strong surrounding demand drivers and a well-established commercial trade area. The site is positioned within the trade area of Charleston Southern University, with more than 3,300 students, as well as Trident Medical Center, which employs approximately 2,400 people and features 321 beds.
The surrounding area is anchored by a strong mix of national and regional retailers and restaurants, including Dunkin’ Donuts, Zaxby’s, Waffle House, Sonic, Starbucks, Firehouse Subs, Arby’s, Family Dollar, and many others.