Chipotle & Tropical Smoothie Cafe | 129 & 131 Magnolia Village Pkwy
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Chipotle & Tropical Smoothie Cafe 129 & 131 Magnolia Village Pkwy
3,525 SF 100% Leased Retail Building Orangeburg, SC 29118 $4,339,500 CAD ($1,231 CAD/SF) 5.75% Cap Rate
INVESTMENT HIGHLIGHTS
- 10-year net leases with corporate (Chipotle) and personal (Tropical Smoothie) guaranty
- Landlord responsible for roof & structure (manufacturer roof warranty)
- Located on U.S. Hwy 178 (North Road) a primary retail corridor and in fast-growing Magnolia Village, a 62-acre mixed use development
- Tenants are responsible for CAM, taxes, insurance and HVAC
- Rent increases every 5 years
- Shadow-anchored to a Walmart Supercenter and TJ Maxx, across from Lowe’s Home Improvement and adjacent to Mavis Tires & Brakes
EXECUTIVE SUMMARY
Under construction build-to-suit, 2-tenant Chipotle and Tropical Smoothie Café shadow-anchored to a top-9% Walmart Supercenter shopping center, across from Lowe’s Home Improvement, on U.S. Hwy 178 (North Road) a main retail thoroughfare with 30,023 VPD. Located in front of a U.S. Department of Veterans Affairs Clinic serving approximately a 1,000 veterans per week. Average household income of $83,583 within a 1-mile radius (per CoStar).
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Building Size
3,525 SF
Year Built
2024
Price
$4,339,500 CAD
Price Per SF
$1,231 CAD
Cap Rate
5.75%
NOI
$249,521 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.08
Lot Size
0.97 AC
Frontage
779 ft on Magnolia Village Parkway
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0151-00-00-007 | Improvements Assessment | $0 CAD |
| Land Assessment | $45,816 CAD | Total Assessment | $45,816 CAD |
PROPERTY TAXES
Parcel Number
0151-00-00-007
Land Assessment
$45,816 CAD
Improvements Assessment
$0 CAD
Total Assessment
$45,816 CAD
1 of 5
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Chipotle & Tropical Smoothie Cafe | 129 & 131 Magnolia Village Pkwy
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.