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1767 Highway 17 N Mt Pleasant, SC 29464

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For Sale
$3,372,905

New construction retail property with corporate-guaranteed lease and strong demographics.

Property size:
3,500 SF
Lot size:
0.42 Acres

Property Features for 1767 Highway 17 N

General Information

Size
3,500 SF
Lot size
0.42 Acres

Source: Sands Investment Group (SIG) - Corporate Agent Clifton McCrory

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Highway Frontage Retail Investment Opportunity

This is a new construction retail property with over four years remaining on the lease term, and two five-year options. The lease is corporate guaranteed. Rental increases are structured with 10% increases at each option. The lease is a double net (NN) lease, assigning minimal responsibilities to the landlord. The location on North Highway 17 benefits from high traffic volume, seeing over 51,000 vehicles per day. The surrounding area has wealthy demographics, with an average household income of $154,447 and a population of 89,935 residents within a 5-mile radius. The property size is 3,500 square feet.
Insight Report Location Intelligence

Current Use by Public Records

Sleep Number Mattress Store

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Mt Pleasant
County
Charleston
State
South Carolina
Longitude
-79.836312
Latitude
32.826635

FAQs

What type of property is this?
Retail space - New construction retail property with corporate-guaranteed lease and strong demographics.
Where is this retail space located?
The property is located at 1767 Highway 17 N Mt Pleasant, SC.
What is the asking price?
The asking price for this property is $3,372,905.
What are key features of this property?
This property features: - Corporate guaranteed lease (NASDAQ: SNBR); - New construction with 4+ years remaining and two (5 year) options; - Strong rental increases – 10% at options
More about this property
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