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Circle K with long tenancy on busy Highway 17 10105 N Us-17 Hwy

2,498 SF 100% Leased Retail Building Mc Clellanville, SC 29458 $2,488,500 CAD ($996 CAD/SF) 4.50% Cap Rate

Executive Summary

Great location of Circle K. Circle K is on a land lease with zero landlord obligations. Current term ends 4/30/2027. An additional 4 extensions of 5 years available to tenant. Stable location with significant barriers to entry for competition. Located at a light. C-Store has Diesel and Kerosene pumps.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Convenience Store
Building Size
2,498 SF
Building Class
C
Year Built/Renovated
1992/1998
Price
$2,488,500 CAD
Price Per SF
$996 CAD
Cap Rate
4.50%
NOI
$111,983 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.05
Lot Size
1.19 AC
Parking
12 Spaces (4.8 Spaces per 1,000 SF Leased)
Frontage
122 ft on Pinckney St

Amenities

  • Bus Line
  • Pylon Sign
  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
764-00-00-477
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$95,168 CAD
  • Listing ID: 29751494

  • Date on Market: 2023-10-10

  • Last Updated:

  • Address: 10105 N Us-17 Hwy, Mc Clellanville, SC 29458

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