Property profile

0 Metropolitan Ave Summerville, SC 29486

OFF-MARKET
Retail properties & Spaces
156,600 SF
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Property summary

AI-generated overview

This exceptional retail and restaurant opportunity is located in the vibrant Downtown Nexton development in Summerville, South Carolina. The property, situated on a substantial 4,500-acre lot, offers a total of 156,600 square feet of leasable space across ten suites, currently entirely vacant. Spaces range from a minimum of 3,000 square feet to a maximum contiguous space of 44,000 square feet, providing flexibility for various business needs. The development boasts high visibility from Sigma Drive and is poised to become the highest concentration of commercial space within Nexton. This is a chance to secure a prominent location in a rapidly growing, mixed-use community that blends city convenience with the charm of Lowcountry living. The project is currently under construction, with anticipated completion in the first quarter of 2024. This prime location offers unparalleled access to a thriving residential community and benefits from the planned amenities and infrastructure of Downtown Nexton, including a main street designed to foster a vibrant and walkable environment. The surrounding area is planned for further development, including multifamily, restaurant, and hotel projects, ensuring a strong and growing customer base. This is an exceptional opportunity to establish a presence in a dynamic and highly sought-after location. The property is located in Dorchester County, South Carolina, with a Summerville address on Metropolitan Avenue, zip code 29486.

Property profile

Verified
Property type Retail properties & Spaces
Total area 156,600 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Metropolitan Ave Summerville, SC 29486
Summerville metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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