1767 Highway 17 N Mt Pleasant, SC 29464
New construction retail property with corporate-guaranteed lease and strong demographics.
Property size:
3,500 SFLot size:
0.42 AcresProperty Features for 1767 Highway 17 N
General Information
- Size
- 3,500 SF
- Lot size
- 0.42 Acres
Source:
Moodyscre
Listing 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.
Location Intelligence
Current Use by Public Records
Sleep Number
Mattress Store
Location Insight
- Map
- Local Demand
- City
- Mt Pleasant
- County
- Charleston
- State
- South Carolina
- Longitude
- -79.836312
- Latitude
- 32.826635
Nearby Similar for Sale
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