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Property profile & analytics
OFF-MARKET Estimated value $3,025,000
Banks

1 Lafayette Pl Hilton Head Island, SC 29926-2209

7,059 SF 1.1 ac lot Built 1999
Entity Owned Free & Clear
Property ID
US77-1002684
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1999
Total area 7,059 SF
Lot 1.1 ac (47,916 SF)
Zoning code 6615
APN R510 008 000 0415 0000
UPID US77-1002684
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
Current use
Occupant on record · Public records
  • McGriff Insurance Agency
  • SunTrust ATM Atm
  • SunTrust Mortgage Loan Service Bank
  • Truist Bank Loan Service
  • Truist - ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
$3.03M
Owner & transaction history
Grover Realties LLC
Grover Realties LLC
since 2025
Last sale
$3.0M
3 recorded transactions
2025
$3.0M
2025
Price N/A
2008
Price N/A
Zoning & alternative use
6615 · Hilton Head Island, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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