413 Drive In Ln Moncks Corner, SC 29461
This exceptional investment opportunity presents a brand-new, two-tenant retail strip center in Moncks Corner, South Carolina, boasting a 6.00% capitalization rate. Located at 413 Drive In Ln, this 2,687 square foot property sits on a 0.55-acre lot and is 100% occupied by Subway, Jimmy John's Sandwiches, and Jersey Mike's. The center enjoys a prime location directly across from a Walmart Supercenter, providing exceptional visibility and high traffic volume. Situated off busy N US Hwy 52, with a daily traffic count of 27,355 vehicles, the property benefits from excellent accessibility and exposure. Surrounding businesses include Verizon, Murphy Oil, Firehouse Subs, Dollar Tree, and T-Mobile, creating a thriving retail environment. Built in 2023, the property features NNN leases with built-in rent bumps, minimizing landlord responsibilities and ensuring long-term stability. The Charleston MSA's robust economic growth, fueled by developments like the Berkeley County Commerce Park and the Volvo Cars plant, further enhances the investment's potential. The established national brand, Jimmy John's, anchors the property, providing a strong and reliable tenant base. This turnkey investment offers a compelling combination of high visibility, strong tenant occupancy, and significant growth potential within a dynamic market. The property's Net Operating Income (NOI) is $94,785, and the asking price is $1,579,750.
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Singletary Insurance Agency Inc. Insurance Agency
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Jimmy John's Take-out & Catering
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.