Property profile

100 Buckwalter Pkwy Bluffton, SC 29910

OFF-MARKET
Retail properties & Spaces
6,000 SF 0.28 ac lot Built 2006
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 6,000 square foot free-standing building, currently 100% occupied by an Outback Steakhouse under a triple-net (NNN) lease. Located at 100 Buckwalter Pkwy, Bluffton, SC 29910, this property boasts a strong 6.00% cap rate, generating a net operating income (NOI) of $194,612. The lease commenced on November 30, 2023, and includes two five-year renewal options, ensuring long-term stability. Situated on a 0.28-acre lot within the Berkeley Place shopping center, the property benefits from ample surface parking and a prime location near Highway 278, Palmetto Bluff, and Hilton Head Island. Built in 2006, the building is zoned GC (General Commercial) and features a desirable location within a thriving retail center anchored by a Cinemark movie theatre and TD Bank. The property's strong tenant history and favorable lease terms make it an attractive investment prospect. The asking price is $3,200,000. Property tax parcel number is R614-022-000-0860-0031.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2006
Total area 6,000 SF
Lot 0.28 ac (12,197 SF)

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant
  • Nursing Home Retirement Community
  • Loan Service Financial Advisor

Location

100 Buckwalter Pkwy Bluffton, SC 29910
Bluffton metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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