10105 Highway 17McClellanville, SC 29458

Property Details for 10105 Highway 17

Year built

1992

Lot size

2.27 AC

Property size (Sq ft)

2,498 SF

Property type

Other commercial real estate

APN

764-00-00-477

APU

7640000477

Description

This exceptional investment opportunity presents a thriving convenience store located at 10105 Hwy 17 in McClellanville, South Carolina. The property boasts a substantial 2,498 square feet situated on a 1.19-acre lot zoned for General Commercial use within Charleston County. Currently occupied by a Circle K under a land lease agreement, the property offers a strong 5.25% cap rate, generating a net operating income (NOI) of $78,750. The lease agreement, expiring April 30, 2027, includes four additional five-year renewal options, ensuring long-term income stability. The Circle K operation features diesel and kerosene pumps, catering to a broad customer base. This prime location benefits from high visibility due to its placement at a traffic light, creating significant barriers to entry for potential competitors. The property's strategic location and the existing tenant's strong performance make this a compelling investment opportunity with substantial potential for future growth. The asking price is $1,500,000. This offering presents a rare chance to acquire a well-established, high-performing convenience store in a desirable South Carolina market.

• Alternative Use

  Use

  Valuation

  Residential

  $354,325

  Hospitality

  $324,560

  Educational

  $270,030

  Medical

  $279,317

  Retail

  $420,047

Location Insight

City

Mc Clellanville

County

Charleston

State

South Carolina

Latitude

33.0949

Longitude

-79.4755

CBSA code

16700

CBSA name

CHARLESTON-NORTH CHARLESTON, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].