Viewing Listing MLS# 30803593 | 1755 N Hwy 17, Mount Pleasant SC

$2,987,000 | N/A beds | N/A full baths | N/A half baths | 4,250 sqft

$2,987,000
1755 N Hwy 17
Mount Pleasant, SC 29464
  • $702.82Price per SqFt
  • 4,250SqFt
  • 423Days on Market
  • N/AZoning
  • 2012Year Built
  • RetailUse
  • MLS# 30803593
  • Commercial Sales
  • Retail
  • Sold

  • Approx Time on Market2 months, 28 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 Pleasant's 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.


Sale Info

Listing Date: 01-30-2023

Sold Date: 04-28-2023

Aprox Days on Market: 
    2 month(s), 28 day(s)

Listing Sold: 
    11 month(s), 0 day(s) ago

Asking Price: $2,987,000

Selling Price: $2,987,000

Price Difference: 
Same as list price

Building Info

Anchored:  No

Year Built:  2012

Financial

Garage / Parking

Lot Info

County:  Charleston

Land Size:  0.41

Misc

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

Offer Compensation

Property Info

Second Property Subtype:  Retail

Nearest Msa:  Charleston-North Charleston, SC

Sale Terms:  Cash

Property Type:  A

Original Price:  $2,987,000

Property Use Type:  Investment, Other, Retail, Retail - Pad

Class Type:  Retail

Sold Info

Sold Date:  2023-04-28T00:00:00

Sqft Info

Rentable Area:  4250

Unit Info

Utilities / Hvac

Courtesy of listing office Oswald Cooke and Associates 

Featured Lender

image

Jim Hutto

Beacon Bank

843-990-5517
jim@beacon.bank
https://www.beacon.bank/connect/our-team/commercial-bankers

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On simplycommercial.com since Mon, Jan 30th 2023
No Property History recorded for this listing.
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 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 03-28-2024 6:05 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 2024 Charleston Trident Multiple Listing Service, Inc. All rights reserved.
Commercial Sale/Lease: Copyright 2024 South Carolina commercial MLS, Inc. All rights reserved. Last updated on 03-28-2024 6:05 PM EST est.

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