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Retail Investment Property with 5% Cap
For Sale
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1581 Central Avenue, Summerville, SC 29483

Retail property offered for sale with a stated 5% cap rate and 9,234 SF.

Property Size9,234 SF
Days on Market122

Property Features for 1581 Central Avenue

General Information

Standard status Active
Size 9,234 SF
Property subtype Retail

Additional Details

Cap Rate 5%
Listing Agency: Schuchert Retail Group
Listed By: John Kerr · License #CA 01996892
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 4:50PM

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 Schuchert Retail Group

Investment Insights

Based on property information with market context.

This retail property is offered for sale and is presented with a stated 5% cap rate. The offering includes 9,234 SF of retail space.

Located at 1581 Central Avenue in Summerville, South Carolina, the asset is positioned as a straightforward retail investment opportunity based on the provided cap-rate information.

Key Highlights

  • Retail property offered for sale with a stated 5.00% cap rate
  • Total building size: 9,234 SF

Property Analytics

Current Use

AutoZone Auto Parts Auto Parts Store

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Restaurant Auto Parts Store

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

1,264
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?
Retail space - Retail property offered for sale with a stated 5% cap rate and 9,234 SF.
Where is this retail space located?
The property is located at 1581 Central Avenue Summerville, SC.
What are key features of this property?
This property features: Retail property offered for sale with a stated 5.00% cap rate; Total building size: 9,234 SF
More about this property
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