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    OFF-MARKET
    Retail properties & Spaces

    509 Is Park, Bluffton, SC 29910

    24,881 SF 14.81 ac lot Built 2010
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 2010
    Total area 24,881 SF
    Lot 14.81 ac (645,124 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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