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Moncks Corner Strip Center Investment

1010 Old US 52 Moncks Corner, SC

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Fully leased strip center with potential for increased rental income.

Type:RETAIL
Property size:
8,000 SF
Lot size:
0.68 Acres
Price / SF:
$162/SF
Added:
Jul 29, 2025
Days on Market:
349
Last Refresh:
May 20 at 8:57 pm

Property Features for 1010 Old US 52

General Information

Standard status
Active
Size
8,000 SF
Lot size
0.68 Acres
Property subtype
RETAIL

Listing office SVN Palmetto

Listing date Jul 29, 2025

Source Moodyscre

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 SVN Palmetto


Investment Insights

Based on property information with market context.

This commercial property in Moncks Corner, South Carolina, presents an investment opportunity. The strip center, comprising 8,000 square feet, has been fully leased for several years. The property currently operates primarily under a gross lease agreement. Lease renewals approaching in 2024 offer the potential to transition to NNN leases and increase rental rates, as current rates are slightly below market value. The owner is willing to package this property with another strip mall located at 102 Berkeley Square Ln. Both assets are currently 100% leased.

Key Highlights

  • Excellent investment opportunity in Moncks Corner, SC.
  • Property is currently 100% leased.
  • Opportunity to transition to NNN leases in 2024.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $144.0k $18.00
− Vacancy −$11.5k −$1.44
EGI $132.5k $16.56
− OpEx −$39.7k −$4.97
NOI $92.7k $11.59
8,000 SF · lease $18.00/SF/yr · vacancy 8.00% · expense 30.00%

Alternative Uses

Best Use
Retail
$1.32M
$1.16M – $1.55M (±1% cap)
NOI $92,736 @ 7.0% cap · market cap 7.13%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.16M
$1.89M – $2.53M (±1% cap)
NOI $151,546 @ 7.0% cap · market cap 11.66%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Strip malls

FAQs

What type of property is this?
Strip mall - Fully leased strip center with potential for increased rental income.
Where is this strip mall located?
The property is located at 1010 Old US 52 Moncks Corner, SC.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Excellent investment opportunity in Moncks Corner, SC.; Property is currently 100% leased.; Opportunity to transition to NNN leases in 2024.
Contact an agent
(864) 263-7045 Call to check price and availability
More about this property
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