201 Okatie Village Dr - Storefront Retail/Office FOR SALE


Okatie, SC 29909
$4,800,000 USD
912-667-2740
201 Okatie Village Dr, Okatie, SC for Sale
$4,800,000 USD
Storefront Retail/Office - FOR SALE
1/16
null | 6.51% Cap Rate

201 Okatie Village Dr
Okatie, SC 29909


OVERVIEW

SVN is pleased to offer a stabilized, shadow grocery anchored in line retail center located within Okatie Center. Okatie Village is newly constructed, 100% occupied and comprised of four (4) tenants. This income producing asset provides immediate cash flow with scheduled net operating income for the twelve-month period ending April 2027 projected at $312,536.52. The weighted average lease term is 5.36 years, delivering durable income and long-term stability in one of the fastest growing corridors in the greater Bluffton and southern Beaufort County market. Located at the signalized intersection of U.S. Route 278 and South Carolina Highway 170 within Okatie Center, a ±268-acre regional commercial node serving southern Beaufort and Jasper Counties. The property sits directly adjacent to Sun City Hilton Head, home to more than 17,500 residents, and is minutes from University of South Carolina Beaufort and Technical College of the Lowcountry. This corridor is experiencing sustained residential expansion, with thousands of new homes in various stages of development throughout Bluffton and Jasper County. The site is strategically positioned to capture demand from the Savannah, Hilton Head, Beaufort, and greater Jasper County markets. PLEASE VISIT THE PROPERTY'S WEBSITE FOR REGISTRATION AND ACCESS TO DETAILED INFORMATION.

FOR SALE DETAILS

PRICE

$4,800,000 USD

PRICE/SF

$476 USD /SF

CAP RATE

6.51%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Okatie Village

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

28

LAND DETAILS

LAND ACRES

1.54 AC

LAND SF

67,082 SF

ZONING

PUD

APN/PARCEL ID

R600-021-000-0642-0000

ASK ABOUT THIS PROPERTY

Adam BryantSVN GASCMore Info
912-667-2740

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Adam BryantSVN GASCMore Info
912-667-2740

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