100 Buckwalter PkwyBluffton, SC 29910

  • Retail properties
  • 6,000 SF
For Sale
$3,200,000 View listing

Property Details for 100 Buckwalter Pkwy

Year built
2006
Lot size
0.28 AC
Property size (Sq ft)
6,000 SF
Property type
Retail properties
Property subtype
Other retail properties

Description

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.

100 Buckwalter Pkwy, Bluffton, South Carolina

Location Insight

City
Bluffton
County
Beaufort
State
South Carolina
Latitude
32.2841
Longitude
-80.9107

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