Goose Creek Retail Plaza – Charleston MSA SC

$ 2,200,000
225 Red Bank Rd,
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Overview

  • Updated On:
  • December 26, 2022

Description

  • 100% Occupied Multitenant Retail Strip Located in the Charleston MSA
  • Prime Value Add Opportunity by Raising Rents to Market, Extending Terms, & Converting All Leases to NNN
  • Excellent Exposure via Red Bank Rd (21,700+ VPD) | Less than 7 Minutes to I-26 (111,100+ VPD)
  • Eclectic Tenant Mix Including a Café, Hair Salon, and Nail Salon Amongst Others | Steady In-Place Cash Flow for New Owner
  • Recently Renovated in 2021 | Owner Spent Over $130,000+ on New Roofing, HVAC, Parking Lot, Paint, & More
  • In Close Proximity to Downtown Charleston, Port of Charleston, and the Charleston Naval Complex
  • High Growth Submarket | The City of Goose Creek has Grown 32.8% Since 2010
  • Strong Demographics | Estimated Population of Over 124,000+ within 5-Miles of the Property
Address: 225 Red Bank Rd
State/County:
Zip: 29445
Country: United States
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Property Id : 20224
Price: $ 2,200,000
Price/SF: $134.66
Cap Rate: 8%
Building Size: 16,338 SF
Lot Size: 1.04 Acres
# of Units: 13

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Riley Harder

Investment Specialist
Since procuring his first investment property at the age of 26, Mr. Harder realized the im ...

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