NNN Property at Signalized
For Sale
Contact for pricing
10005 Dorchester Road, Summerville, SC 29485
Corporate Hardee’s lease provides an absolute NNN structure with no landlord responsibilities.
Property Size3,410 SF
Lot Size1.00 Acre
Price / SF$498.53
Days on Market63
Property Features for 10005 Dorchester Road
General Information
Standard status
Active
Size
3,410 SF
Lot size
1.00 Acre
Property subtype
Retail, Mixed Use
Site & Location
Corner Location
Yes
Traffic Count
60,000 vehicles/day
Building Details
Year Built
1984
Stories
1
Units
1
Tenancy
Single
Listing Agency:
Net Leased Real Properties
Listed By:
Brent Hensley · License #CA 01361112
(760) 473-0520
Source:
Crexi
Added: Aug 13
Changed: Oct 12
Last Checked: Oct 12 at 6:41PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Net Leased Real Properties
Investment Insights
Based on property information with market context.
This 3,410-square-foot NNN property was built in 1984 and is leased to Hardee’s under an absolute NNN lease structure. The arrangement assigns landlord responsibilities to the tenant, while a 10% rent increase is scheduled for November 2027. Approximately 6.4 years remain in the primary lease term.
The property occupies nearly 1.0 acre at the signalized intersection of Dorchester Road and Ladson Road in Summerville, within the Charleston MSA. The location records more than 60,000 vehicles per day at the signalized intersection, providing a clearly defined commercial setting for the existing restaurant use.
The property occupies nearly 1.0 acre at the signalized intersection of Dorchester Road and Ladson Road in Summerville, within the Charleston MSA. The location records more than 60,000 vehicles per day at the signalized intersection, providing a clearly defined commercial setting for the existing restaurant use.
Key Highlights
- Absolute NNN lease with zero landlord responsibilities
- Hardee’s corporate lease remains in place
- 10% rent increase scheduled for November 2027
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,803
Cap Rate
3.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,136,060
$1.1M
Cap Rate 7%
$811,471
$811.5K
Cap Rate 9%
$631,144
$631.1K
Market Conditions
NOI Build-Up for 3,410 SF
Gross rent
$79.0K $23.16/SF
− Vacancy
−$3.2K −$0.95/SF
EGI
$75.7K $22.21/SF
− OpEx
−$18.9K −$5.55/SF
NOI
$56.8K $16.66/SF
Area
Dorchester County, SC
Vacancy
4.10%
Lease Rate
$23.16 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,136,060
Cap Rate 7%
$811,471
Cap Rate 9%
$631,144
Alternative Uses
Best Use
Specialty Retail
$811.5K
$710.0K – $946.7K
NOI $56,803 @ 7.0% cap · market cap 3.34%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.55M
$2.23M – $2.98M
NOI $178,636 @ 7.0% cap · market cap 10.51%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
60,000 VPD
Traffic count
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
832
Businesses Nearby
Explore this area
Business Placement
Demographics for 29485, SC
57,181
Population
23,382
Households
2.4
Avg Household Size
38
Median Age
35%
College-Educated
94%
High-School Grad
48.6 sq mi
ZIP Area
1,177
Density / Sq Mi
$83,287
Median Household Income
$47,371
Median Earnings
$1,473
Median Rent
$311,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
NNN property - Corporate Hardee’s lease provides an absolute NNN structure with no landlord responsibilities.
Where is this nnn property located?
The property is located at 10005 Dorchester Road Summerville, SC.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Absolute NNN lease with zero landlord responsibilities; Hardee’s corporate lease remains in place; 10% rent increase scheduled for November 2027
