Port Royal Sale Leaseback
For Sale
Contact for pricing
86 SC-128, Beaufort, SC 29906
Corner property with high traffic and leaseback to thriving business.
Property Size2,128 SF
Lot Size0.67 Acres
Price / SF$265.51
Days on Market665
Property Features for 86 SC-128
General Information
Standard status
Active
Size
2,128 SF
Lot size
0.67 Acres
Property subtype
Office
Building Details
Year Built
2004
Listing Agency:
The HomesFinder Realty Group
Listed By:
Will Achurch, CCIM · License #SC 100920 & GA 432657
Source:
Crexi
Added: Oct 8, 2024
Changed: Jul 6
Last Checked: Jul 30 at 4:27AM
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 The HomesFinder Realty Group
Investment Insights
Based on property information with market context.
This corner property in Port Royal, situated on 2/3rds of an acre, offers an investment opportunity with a cap rate of 8. The property benefits from gracious parking and an estimated daily traffic count of 20,000 vehicles per day. The property, comprising 2128 square feet, is not subject to HOA restrictions and is not located in a Special Hazard Flood Area. Leaseback terms include a base rent of $2,967 per month, NNN, for a duration of 5 years to a thriving hardscape business.
Key Highlights
- High Cap Rate: Enjoy an exceptional investment opportunity with an 8% cap rate.
- Sale‑Leaseback: Provides immediate income stream with a 5‑year lease to a thriving business.
- NNN Lease: Minimizes landlord responsibilities with a NNN lease structure.
Financial Insights For Office B
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 | $46.0k | $21.60 |
| − Vacancy | −$6.9k | −$3.24 |
| EGI | $39.1k | $18.36 |
| − OpEx | −$9.8k | −$4.59 |
| NOI | $29.3k | $13.77 |
2,128 SF · lease $21.60/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$418.6K
$366.3K – $488.4K
NOI $29,303 @ 7.0% cap · market cap 5.19%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$642.0K
$561.8K – $749.1K
NOI $44,943 @ 7.0% cap · market cap 7.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
74
Businesses Nearby
Explore this area
Business Placement
Demographics for 29906, SC
22,608
Population
11,028
Households
2.1
Avg Household Size
31
Median Age
24%
College-Educated
91%
High-School Grad
45.0 sq mi
ZIP Area
502
Density / Sq Mi
$61,350
Median Household Income
$32,253
Median Earnings
$1,377
Median Rent
$236,900
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Corner property with high traffic and leaseback to thriving business.
Where is this office building located?
The property is located at 86 SC-128 Beaufort, SC.
What is the asking price?
The asking price for this property is $565,000.
What are key features of this property?
This property features: High Cap Rate: Enjoy an exceptional investment opportunity with an 8% cap rate.; Sale‑Leaseback: Provides immediate income stream with a 5‑year lease to a thriving business.; NNN Lease: Minimizes landlord responsibilities with a NNN lease structure.
