509 Is Park, Bluffton, SC 29910
This exceptional investment opportunity presents a fee-simple, Class A, 24,881 square foot retail storefront in Bluffton, South Carolina. The property, built in 2010 and situated on a 14.81-acre lot (APN R600-021-000-0233-0000), is currently 100% occupied by a credit-rated Goodwill Industries under a triple-net (NNN) lease with a corporate guarantee. The lease, with a remaining term of approximately 4.4 years, expires April 30, 2029, and includes options for 3 or 5-year extensions. This single-tenant property boasts a strong 6.25% cap rate and a price per square foot of $299.34, reflecting its prime location and the tenant's regional hub status in Northeastern South Carolina. The property is zoned 6606 and benefits from a robust local market with a strong 2% annual population growth. The NNN lease structure ensures minimal landlord responsibilities, making this an attractive, low-maintenance investment. This well-maintained facility represents a secure and stable investment opportunity in a thriving coastal South Carolina market. The asking price is $7,448,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.