1126 Red Bank Rd - Freestanding FOR SALE


Goose Creek, SC 29445
$1,522,200 USD
310-486-9900
1126 Red Bank Rd, Goose Creek, SC for Sale
$1,522,200 USD
Freestanding - FOR SALE
1/3
null | 7.5% Cap Rate

1126 Red Bank Rd
Goose Creek, SC 29445


HIGHLIGHTS

  • Only 10 minutes from Charleston, a Significant Economic and Cultural Hub in the Southeastern Region and the 75th Largest Metro in the US
  • Excellent Visibility Off Red Bank Road | Close Proximity to Highway-78 and Interstate-26, With Over 200,000 Vehicles Passing Per Day
  • Approximately 8-Years Remaining on Corporate Backed Lease with Two (2) Extension Option Periods of Five (5) Years Each Remaining

OVERVIEW

Marcus & Millichap is pleased to present the opportunity to acquire a ±10,620-square-foot freestanding Dollar Tree located at 1126 Red Bank Road in Goose Creek, South Carolina. The property is backed by a corporate lease from Dollar Tree Stores, Inc. (NASDAQ: DLTR), a Fortune 500 company with more than 16,700 locations across North America. The tenant recently exercised an extension option, demonstrating long-term commitment to the site and reinforcing the stability of the income stream. Situated on ±1.06 acres with excellent visibility along Red Bank Road, the property benefits from strong traffic counts, proximity to Highway 78 and Interstate 26, and a dense surrounding retail corridor anchored by Food Lion, CVS Pharmacy, Dollar General, O’Reilly Auto Parts, Walmart Neighborhood Market, and Goose Creek High School. The location serves a growing residential population within the Charleston MSA—one of the Southeast’s most dynamic and economically diverse regions. The lease features two additional five-year renewal options. Rent is flat during the current term, with scheduled $0.50 PSF increases during option periods. The NN lease structure provides minimal landlord responsibilities while offering stable, predictable income supported by a publicly traded corporate guaranty.

FOR SALE DETAILS

PRICE

$1,522,200 USD

PRICE/SF

$143 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar Tree

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2014

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

1.06 AC

LAND SF

46,173 SF

ZONING

OI&GC

APN/PARCEL ID

252-06-00-039

ASK ABOUT THIS PROPERTY

Robert NarchiMarcus & MillichapMore Info
310-486-9900

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Robert NarchiMarcus & MillichapMore Info
310-486-9900

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.