1 Lafayette Pl Hilton Head Island, SC 29926-2209
Property profile & analytics
1 Lafayette Pl Hilton Head Island, SC 29926-2209
- Banks
- 7,059 SF
- 1.10 lot acres
Property ID
US77-1002684
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- McGriff / Insurance Agency
- SunTrust ATM / Atm
- SunTrust Mortgage / Loan Service / Bank
- Truist / Bank / Loan Service
- Truist - ATM / Atm
Property Details for 1 Lafayette Pl
- Year built
- 1999
- Lot size
- 1.10 lot acres
- Property size
- 7,059 SF
- Zone code
- 6615
- Property type
- Banks
- APN
- R510 008 000 0415 0000
- APU
- R51000800004150000
Description
This exceptional investment opportunity presents a fee-simple ownership of a 6,479 square foot, Class A, single-tenant retail property located at 1 Lafayette Pl, Hilton Head Island, SC 29926. The property is currently 100% occupied by Truist Bank, a financially strong tenant with a corporate guarantee and an S&P rating of A-. The absolute NNN lease features annual rent increases tied to the Consumer Price Index (CPI), providing a hedge against inflation. The lease has a remaining term of 3 years with two 5-year options. The property boasts a strong 7.00% cap rate and a net operating income (NOI) of $200,480, with an asking price of $2,864,000 ($442.04 per square foot). Built in 1999, this one-story building sits on a 1.1-acre lot within the affluent Indigo Run Plantation, a 1,700-acre mixed-use development featuring resort-style architecture and amenities including office, retail spaces, golf courses, tennis, and boating facilities. The property benefits from its prime location at the corner of Indigo Run Dr and Lafayette Place, just off William Hilton Pkwy (33,000 vehicles per day), and its proximity to other national retailers such as Harris Teeter, Publix, Walmart, Barnes & Noble, PetSmart, and HomeGoods. The surrounding area demonstrates strong demographics, with over 33,000 residents within a 5-mile radius and an average household income nearing $150,000. The Bluffton/Hilton Head MSA is experiencing rapid growth, making this a compelling investment in a high-demand location. The property includes three covered drive-thru lanes.
Value Estimations
based on Realmo’s proprietary methodology
-
Alternative Use
- Use
- Estimation
- RESTAURANT
- $2,535,000
- AUTO REPAIR, GARAGE
- $2,410,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Hilton Head Island
- County
- Beaufort
- State
- South Carolina
- Longitude
- -80.7201
- Latitude
- 32.2132
- CBSA code
- 25940
- CBSA name
- HILTON HEAD ISLAND-BEAUFORT, SC MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$24,547
$0.00
$0.00
$94,460
-
$328,900
$1,384,500
$1,713,400
