100 Main StMoncks Corner, SC 29461

Property Details for 100 Main St

Year built

2001

Lot size

2.86 AC

Property size (Sq ft)

26,740 SF

Zone code

MONCKS CORNER - C-2

Property type

Retail properties

Property subtype

Grocery and convenience stores

APN

142-07-03-019

APU

1420703019

Description

This exceptional single-tenant retail property in Moncks Corner offers a significant investment opportunity. The 26,800 square foot building is currently occupied by a thriving Piggly Wiggly grocery store, a well-established and popular local business. Its strategic location provides excellent visibility and accessibility, benefiting from the high volume of traffic using Highway 17A, a key route for commuters traveling to and from Charleston and the I-26 employment corridor. The property's strong performance is evidenced by an impressive customer visit frequency of 3.87, demonstrating consistent high demand and a loyal customer base. This translates to a stable and predictable income stream for the investor. The property's size and established tenant make it an attractive proposition for those seeking a secure and profitable retail investment. The building itself is a stand-alone structure, offering ample parking and convenient access for customers. This presents a rare opportunity to acquire a well-performing retail asset in a growing market with strong demographics and excellent transportation links. The property's success is a testament to its prime location and the enduring appeal of the Piggly Wiggly brand. This is a turnkey investment ready for immediate income generation. Further details are available upon request.

• CAP approach

  CAP return

  Valuation

  6%

  $8,145,122

  6.5%

  $7,518,574

  7%

  $6,981,534

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,024,161

  Geo Method

  $11,410,942

• Alternative Use

  Use

  Valuation

  Residential

  $6,342,199

  Hospitality

  $5,809,420

  Educational

  $4,833,370

  Medical

  $4,999,596

  Retail

  $7,518,574

Location Insight

City

Moncks Corner

County

Berkeley

State

South Carolina

Latitude

33.1969

Longitude

-80.0134

CBSA code

16700

CBSA name

CHARLESTON-NORTH CHARLESTON, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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