435 William Hilton PkwyHilton Head Island, SC 29926

  • Retail properties
  • 35,880 SF
For Lease

Property Details for 435 William Hilton Pkwy

Year built
1984
Lot size
10.23 AC
Property size (Sq ft)
35,880 SF
Zone code
6615
Property type
Retail properties
Property subtype
Community centers
APN
R511 008 000 0254 0000
APU
R51100800002540000

Description

Northridge Plaza, located at 435 William Hilton Pkwy, Hilton Head Island, SC 29926, presents a unique opportunity for retail businesses seeking high-visibility space. This 12,296 square foot shopping center sits on a 79,573 square foot lot in Beaufort County and is currently 100% vacant, offering immediate occupancy for multiple tenants. The property offers flexible space options, with a minimum divisible space of 1,000 square feet and a maximum contiguous space of 5,600 square feet. Its strategic location on the northeast side of Hilton Head Island, at the intersection of William Hilton Parkway and Matthews Drive, provides excellent visibility and accessibility. The center benefits from its proximity to Savannah Hilton Head International Airport and enjoys strong anchor tenants including HomeGoods, Dollar Tree, and Northridge Cinema 10 (not included in this offering). This is an exceptional chance to establish a presence in a thriving retail market on Hilton Head Island. The entire 12,296 square feet is available for lease, allowing for customization to suit various business needs. Interested parties should inquire about lease terms and conditions.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $10,929,207
    6.5%
    $10,088,499
    7%
    $9,367,892
  • Comparable approach

    Method
    Valuation
    Relative Method
    $8,083,280
    Geo Method
    $6,149,301
  • Alternative Use

    Use
    Valuation
    Residential
    $8,510,026
    Hospitality
    $7,795,138
    Educational
    $6,485,464
    Medical
    $6,708,508
    Retail
    $10,088,499
435 William Hilton Pkwy, Hilton Head Island, South Carolina

Location Insight

City
Hilton Head Island
County
Beaufort
State
South Carolina
Latitude
32.2171
Longitude
-80.7039
CBSA code
25940
CBSA name
HILTON HEAD ISLAND-BEAUFORT, SC MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$121,909
-
-
$394,270
-
$3,580,500
$4,044,500
$7,625,000

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