Overview
- Updated On:
- December 26, 2022
- 2,310.00 ft2
Description
- Closed at 4.82% Cap Rate | $80,000 over list price with favorable terms to the seller
- Absolute NNN Lease with Zero Landlord Responsibilities | 17.5 Years Remaining on Base Term
- Building Recently Renovated in 2020 | Strong Guarantee by One of Nation’s Largest Wendy’s Franchisees
- 7% Rent Escalation Every 5 Years, Including Option Periods
- Four, 5-Year Options to Renew
- Located at Y Intersection, Exposed to Approximately 54,800 VPD via S Goose Creek Boulevard and 23,100 VPD via Red Bank Road
Address: 101 Red Bank Rd
City: Charleston, Goose Creek
State/County: South Carolina
Zip: 29445
Country: United States
Property Id: 19858
Price: $ 2,200,000
Property Size: 2,310.00 ft2
Property Lot Size: 1.00 ft2
Cap Rate: 4.82%
Rentable Area: 2,310 SF
Lot Size: 1.03 AC
Year Built: 1983/2020
Mon 16 Mar
Tue 17 Mar
Wed 18 Mar
Thu 19 Mar
Fri 20 Mar
Sat 21 Mar
Sun 22 Mar
Mon 23 Mar
Tue 24 Mar
Wed 25 Mar
Your information
Contact Me
Other Agents
Ani Paulson
Team Lead | Senior Director Investments
Ani Paulson and her team, focus on the analysis and disposition of office/industrial & ...
Property Reviews
You need to login in order to post a review
Similar Listings
0
Closed
Goose Creek Retail Plaza – Charleston ...
$ 2,009,000
100% Occupied Multitenant Retail Strip Located in the Charleston MSA Prime Value Add Oppor ...
0
Closed
Eagle Plaza – Subway | Charleston MSA
$ 1,115,000
Multitenant Retail Center located in Charleston MSA, SC Strong Retail Corridor | Nearby Wa ...
0
Closed
Food Lion Anchored Center – Charleston...
$ 8,000,000
The AP Group represented a strong 1031 buyer 62,198 Square Foot Investment Grade Grocer A ...