For Sale
$3,200,000

100 Buckwalter PkwyBluffton, SC 29910

Bluffton, SC Retail Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a 6,000 square foot free-standing building, currently 100% occupied by an Outback Steakhouse under a triple-net (NNN) lease. Located at 100 Buckwalter Pkwy, Bluffton, SC 29910, this property boasts a strong 6.00% cap rate, generating a net operating income (NOI) of $194,612. The lease commenced on November 30, 2023, and includes two five-year renewal options, ensuring long-term stability. Situated on a 0.28-acre lot within the Berkeley Place shopping center, the property benefits from ample surface parking and a prime location near Highway 278, Palmetto Bluff, and Hilton Head Island. Built in 2006, the building is zoned GC (General Commercial) and features a desirable location within a thriving retail center anchored by a Cinemark movie theatre and TD Bank. The property's strong tenant history and favorable lease terms make it an attractive investment prospect. The asking price is $3,200,000. Property tax parcel number is R614-022-000-0860-0031.

Highlights

  • 6,000 SF free-standing building on a 0.28-acre lot.
  • Ample surface parking with an adjacent parking lot.
  • General Commercial zoning.
  • Tax Map ID: R614 022 000 0860 0031

Property Details for 100 Buckwalter Pkwy

Property type
Retail properties, Restaurants
Square Feet
6,000 SF
Year Built
2006
Lot Size (sq. ft)
12,197 SF

Location Insight

City
Bluffton
County
Beaufort
State
South Carolina
Latitude
32.284136
Longitude
-80.9106732
100 Buckwalter Pkwy, Bluffton, South Carolina

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100 Buckwalter Pkwy
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