1820 N Highway 17 - Auto Repair FOR SALE


Mount Pleasant, SC 29464- Mt Pleasant
$5,530,000 USD
843-725-7835
1820 N Highway 17, Mount Pleasant, SC for Sale
$5,530,000 USD
Auto Repair - FOR SALE
1/7
null | 6% Cap Rate

1820 N Highway 17
Mount Pleasant, SC 29464
Mt Pleasant


HIGHLIGHTS

  • National Credit Tenancy
  • Irreplaceable Hard-Corner Signalized Intersection - HWY 17
  • Long Operating History (20+ Years from both tenants)
  • Affluent and Booming Demographics ($202K Avg HH Income - 1-mile)
  • Top Tier Southeast Market - 3x U.S. Average Growth
  • Favorable Lease Structures - NNN

OVERVIEW

This offering presents the opportunity to acquire a dual-tenant net-leased investment occupied by Starbucks (BBB+ S&P rated) and National Tire & Battery, two established national operators with more than 20 years of successful operating history at the site. Both tenants recently extended through 2030 with multiple renewal options, providing long-term income visibility, limited landlord responsibilities, and embedded rental growth through contractual increases. NTB is responsible for maintenance and repair of roof, structure, building and operating expenses. The property is strategically positioned along highly trafficked U.S. Highway 17 (65,300+ VPD) in Mount Pleasant — one of the most affluent and supply-constrained submarkets in the Charleston MSA — surrounded by top national retailers and minutes from downtown Charleston and premier coastal destinations. Supported by exceptional demographics, strong regional economic drivers, and continued population growth exceeding the national average, the investment offers secure cash flow backed by irreplaceable real estate fundamentals in one of the Southeast’s most desirable markets.

FOR SALE DETAILS

PRICE

$5,530,000 USD

PRICE/SF

$821 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Storefront, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.83 AC

LAND SF

36,062 SF

ZONING

-

APN/PARCEL ID

558-00-00-147

ASK ABOUT THIS PROPERTY

Gus BowenBerkeley Capital AdvisorsMore Info
843-725-7835

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Gus BowenBerkeley Capital AdvisorsMore Info
843-725-7835

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