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1010 Old Us-52 Hwy

8,000 SF 100% Leased Retail Building Moncks Corner, SC 29461 $1,706,400 CAD ($213 CAD/SF) 7.04% Cap Rate

Storefront Properties South Carolina Moncks Corner 1010 Old Us-52 Hwy, Moncks Corner, SC 29461

Executive Summary

Excellent Investment opportunity in Moncks Corner, SC. This strip center has been fully leased for years. Primarily operating under a gross lease agreement. As lease renewals approach in 2024, there is an opportunity to transition to NNN leases and increase rental rates as current rates are slightly below market. The owner will also be willing to package other strip mall located at 102 Berkeley Square Ln. Both assets are currently 100% leased. Contact chris.saltiel@svn.com for more info

Attachments

1010OH52brochure

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
8,000 SF
Building Class
C
Year Built
1987
Price
$1,706,400 CAD
Price Per SF
$213 CAD
Cap Rate
7.04%
NOI
$120,159 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.27
Lot Size
0.67 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
C2 - Commercial
Parking
40 Spaces (5.25 Spaces per 1,000 SF Leased)
Frontage
109 ft on Old Highway 52 Hwy

Amenities

  • Bus Line
  • Pylon Sign
  • Signage
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Nearby Major Retailers

Krispy Krunchy Chicken
Buddy's Home Furnishings
Parker's Kitchen
TD Bank
The YMCA
First Citizens Bank
REV Federal Credit Union
Piggly Wiggly
Waffle House

PROPERTY TAXES

Parcel Number 142-00-01-044 Improvements Assessment $36,747 CAD
Land Assessment $11,736 CAD Total Assessment $48,483 CAD

PROPERTY TAXES

Parcel Number
142-00-01-044
Land Assessment
$11,736 CAD
Improvements Assessment
$36,747 CAD
Total Assessment
$48,483 CAD
(630) 200-6774

Contact

  • Listing ID: 30888083

  • Date on Market: 2024-02-06

  • Last Updated:

  • Address: 1010 Old Us-52 Hwy, Moncks Corner, SC 29461

The Retail Property at 1010 Old Us-52 Hwy, Moncks Corner, SC 29461 is currently available for sale. Contact SVN | BlackStream, LLC for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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1010 Old Us-52 Hwy
(630) 200-6774 x

1010 Old Us-52 Hwy

Chris Saltiel

(630) 200-6774

(630) 200-6774

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