Overview
- Updated On:
- September 24, 2021
Description
- CLOSED $300,000 ABOVE LIST PRICE
- 2000 McMillan Ave, North Charleston, SC 29405
- Unanchored Retail Strip in Charleston, SC MSA | High Growth North Charleston Submarket | High Gentrification in Immediate Surrounding Area
- Prime Redevelopment Opportunity with Multiple Value Add Components Through Filling Vacancy, CAPEX, Converting Gross Leases to NNN, and Raising Rents to Market
- Strong In-Place Cash Flow for New Owner | Majority of Tenants Reimburse for CAM
- Located Just Off Of Rivers Ave on McMillan Ave | Combined Traffic Count of Nearly 30,000 Vehicles Per Day
- Eclectic Tenant Mix That Includes Subway, American Cash Express, First Cash, Local Restaurant & Nail Salons
- Minutes from Interestate-26, Downtown Charleston, and the Port of Charleston
Address: 2000 McMillan Ave
City: North Charleston
State/County: South Carolina
Zip: 29405
Country: United States
Property Id: 19657
Price: $ 3,100,000
Price/SF: $128.10
Cap Rate: 6.86%
Rentable Area: 24,200 SF
Lot Size: 3.16 Acres
Year Built: 1988
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