3 Hunter Rd - Showroom FOR SALE
Hilton Head Island, SC 29926 |
$3,055,929 USD
512-910-2665
3 Hunter Rd
Hilton Head Island, SC 29926
HIGHLIGHTS
- Property is a 100% occupied multi-tenant light industrial flex center secured by strong tenants operating under Triple Net (NNN) leases.
- With a majority of the tenants having slightly below market rents and no remaining extension options.
- The center is predominantly leased by tenants who have long-term tenancies at the site.
- Landlord recently re-coated the roof on the front building, furthering its useful life, which includes a 10-year transferable warranty on materials.
- Rare Opportunity to acquire in one of the only industrial pockets on Hilton Head Island. There is a very limited supply of quality industrial space.
- Property is strategically located for light industrial use, being located near the Hilton Head Island Airport.
OVERVIEW
Sands Investment Group is pleased to exclusively offer for sale the Headlands Design Center, a 100% occupied multi-tenant light industrial flex asset featuring a strong mix of tenants operating under Triple Net (NNN) leases with over 4 years of remaining weighted average lease term. This is a rare opportunity to invest in a quality industrial asset in one of Hilton Head Islands only industrial parks.
In Cooperation With Sands Investment Group Charleston, LLC - Lic. #20891 BoR: Chris Sands - Lic. SC #93103
FOR SALE DETAILS
PRICE
$3,055,929 USD
PRICE/SF
$229 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Headlands Design Center - Hilton Head Island
PROPERTY TYPE
Flex
PROPERTY SUBTYPE
Showroom
ADD'L SUBTYPES
Storefront, Storefront Retail/Office, Supermarket
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1989
UTILITIES
-
CLEAR CEILING HT
12 Ft
DOCKS
-
DRIVE INS
1
PARKING SPACES
8
LAND DETAILS
LAND ACRES
1.18
LAND SF
51,401
ZONING
6615
APN/PARCEL ID
-
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512-910-2665
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512-910-2665
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