North Charleston Strip Center

$ 3,100,000
2000 McMillan Ave,
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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
State/County:
Zip: 29405
Country: United States
Open In Google Maps
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

Other Agents

Pearce Vogler, CPA

Investment Specialist
Pearce Vogler is based in Charleston, SC and specializes in the analysis and disposition o ...

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