$3,214,285 | N/A beds | N/A full baths | N/A half baths | 4,250 sqft

$3,214,285 Reduced -$100,000
1755 N Hwy 17
Mount Pleasant, SC 29464
  • $756.30Price per SqFt
  • 4,250SqFt
  • 195Days on Market
  • N/AZoning
  • N/AYear Built
  • Retail-CommercialUse
  • 558-00-00-082Tax ID
  • MLS# 30803593
  • Commercial Sales
  • Retail-Commercial
  • Active

  • Approx Time on Market6 months, 11 days
  • AreaMt. Pleasant South of Iop Connector
  • CountyCharleston
  • SubdivisionN/A

Overview

Oswald Cooke & Associates is pleased to offer a new 10-Year NN leased retail store located at 1755 Hwy 17 N in Mount Pleasant, South Carolina. The 4,250 SF building is currently leased to Ferguson Family Mattress Superstore and offers 3% annual rent escalations during the base term and all options. The site is located at a traffic lit intersection on Mount Pleasants main retail corridor, Highway 17 N (40,900 VPD). The site has experienced a 35% population growth (5 Miles) over the past ten years. Other national retailers in the area include Walmart, Lowes, Publix Greenwise, Belk, Starbucks, Cook Out, Bojangles, CVS, Gap, Old Navy, and many others. Mount Pleasant is home to the highest income, education and housing demographics in the greater Charleston market.


Building Info

Year Built Date:  2,012

Financial

Sale Terms:  Cash to Seller

Sale Price Max Total:  $3,214,285

Sale Price Min Total:  $3,214,285

Lot Info

Acres:  0.00

Misc

Use Type:  Investment

Property Info

Msa:  Charleston-North Charleston

Title:  NN Lease | Retail Site | Annual NOI Increases | Hwy 17 N

County:  Charleston

Property Subtype:  Free-Standing Building, Retail-Pad, Other

Sale / Lease Info

Sqft Info

Sqft:  4,250

Size Rentable Sf:  4,250

Tax Info

Courtesy of listing office Oswald Cooke and Associates 

Mortgage Calculator

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Price & Status History (on robertsonhowland.com since Fri, May 20th 2022)
  • Original Price: $3,663,157
  • Current Price: $3,214,285
  • Price Reduced: $448,872
Date ChangedFromTo
11/15/2022$3,314,285 $3,214,285 Reduced by $100,000
09/22/2022$3,663,157 $3,314,285 Reduced by $348,872
Residential, Land, Other Disclaimer:

Broker Reciprocity The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than Robertson Howland Properties are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Last updated on 12-01-2022 12:06 PM EST . The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2022 Charleston Trident Multiple Listing Service, Inc. All rights reserved.
Commercial Sale/Lease: Copyright 2022 South Carolina commercial MLS, Inc. All rights reserved. Last updated on 12-01-2022 12:06 PM EST est.

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