0 Scholar WaySummerville, SC 29486
High-yield NNN retail investment. Prime Charleston location.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 114
Highlights
- Newly constructed 4,650 SF 7-Eleven in Summerville, SC's Nexton master-planned community, recently named "Best Mix-Use Development in the US".
- 15-year NNN lease with 10% rent increases every five years and four 5-year renewal options.
- Prime location near Nexton Elementary School, Harris Teeter, and a soon-to-open Publix, with excellent access to I-26 and Highway 176.
- Strong financials: 5.10% cap rate, $458,347 NOI, $8,987,212 asking price ($1,932.73/SF).
- 1.54-acre lot, single-story building (2024 construction), PD-MU zoning.
Property Details for 0 Scholar Way
- Property type
- Retail properties, Grocery and convenience stores
- Square Feet
- 4,650 SF
- Class
- A
- Year Built
- 2024
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 67,082 SF
Location Insight
- City
- Summerville
- County
- Dorchester
- State
- South Carolina
- Latitude
- 33.063907619108
- Longitude
- -80.150844165962
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