1406 Ben Sawyer Blvd - Auto Repair FOR SALE


Mount Pleasant, SC 29464- Mt Pleasant
$5,200,000 USD
844-585-7682
1406 Ben Sawyer Blvd, Mount Pleasant, SC for Sale
$5,200,000 USD
Auto Repair - FOR SALE
1/6
null | 6.25% Cap Rate

1406 Ben Sawyer Blvd
Mount Pleasant, SC 29464
Mt Pleasant


HIGHLIGHTS

  • Corporate-Guaranteed Lease ($400 Million Net Worth)
  • Annual Rental Increases
  • Absolute NNN Lease With No Landlord Responsibilities
  • 20-Year Initial Lease Term With Four 5-Year Options
  • Fee-Simple Investment Ideal for Bonus Depreciation (Includes Land and Building)
  • WhiteWater Bought the Existing Time to Shine Car Wash, Which Successfully Operated at the Property for 4 Years

OVERVIEW

20-Year Absolute NNN Corporate Lease | 140+ Unit Multi-State Operator; Full Corporate Guaranty | Affluent Charleston Suburb ($176K AHHI)

FOR SALE DETAILS

PRICE

$5,200,000 USD

PRICE/SF

$650 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

WhiteWater Express | Mt. Pleasant, SC

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

1.04 AC

LAND SF

45,302 SF

ZONING

-

APN/PARCEL ID

532-11-00-148

ASK ABOUT THIS PROPERTY

Jeff LefkoHanley Investment GroupMore Info
844-585-7682

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Jeff LefkoHanley Investment GroupMore Info
844-585-7682

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