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New Construction NNN Retail Property
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1544 Central Avenue, Summerville, SC 29483

For sale corporate NNN investment featuring new construction and a stated 5.75% cap rate.

Property SizeContact for details
Days on Market103

Property Features for 1544 Central Avenue

General Information

Standard status Active
Class A
Property subtype Retail
Occupancy 100%
Lease Type NNN
Investment Type Net Lease
Net Operating Income $329,800

Additional Details

Cap Rate 5.75%

Building Details

Year Built 2026
Tenancy Multi
Listing Agency: Atlantic Capital Partners
Listed By: David Hoppe · License #NC 288268
Source: Crexi
Added: May 29 Changed: Sep 7 Last Checked: Sep 7 at 9:55AM

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 Atlantic Capital Partners

Investment Insights

Based on property information with market context.

This offering presents a new construction NNN retail property presented as a corporate NNN structure. The seller’s remarks indicate a 5.75% cap rate, reflecting how the property is being marketed. The property is categorized within retail and shopping center real estate types, supporting a retail-oriented use profile.

The asset is located at 1544 Central Avenue in Summerville, South Carolina. No additional details on unit configuration, storefront layout, or specific streetscape attributes were provided in the materials, but the NNN framework and new construction status are the core physical and lease structure points emphasized for this listing.

For buyers evaluating stability-focused net lease opportunities, a corporate NNN format can be a practical fit because it shifts many property-related responsibilities to the tenant structure associated with an NNN lease. New construction can also align with investor objectives around modern building condition, though specific construction features, tenant terms beyond “corp NNN,” and other underwriting details were not included in the provided information. Prospective investors and tenant-brokers should review the full offering package to confirm lease terms, responsibilities, and the basis for the stated cap rate.

Key Highlights

  • New construction corporate NNN investment built in 2026
  • Stated 5.75% cap rate

Property Analytics

Current Use

Mignogna Towing Service ... Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Spa & Massage Center Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

321
Businesses Nearby

Demographics for 29483, SC

56,778
Population
23,133
Households
2.5
Avg Household Size
38
Median Age
30%
College-Educated
92%
High-School Grad
53.3 sq mi
ZIP Area
1,065
Density / Sq Mi
$82,194
Median Household Income
$42,929
Median Earnings
$1,220
Median Rent
$303,400
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - For sale corporate NNN investment featuring new construction and a stated 5.75% cap rate.
Where is this nnn property located?
The property is located at 1544 Central Avenue Summerville, SC.
What is the asking price?
The asking price for this property is $5,736,000.
What are key features of this property?
This property features: New construction corporate NNN investment built in 2026; Stated 5.75% cap rate
(704) 375-7771 Call to check price and availability
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