303 Bleecker St S - Retail FOR SALE


Bluffton, SC 29910
$6,300,000 USD
843-816-7191
303 Bleecker St S, Bluffton, SC for Sale
$6,300,000 USD
Retail - FOR SALE
1/4
null | Request Cap Rate

303 Bleecker St S
Bluffton, SC 29910


HIGHLIGHTS

  • Architecturally dramatic Design Fully Equipped Commercial Kitchen virtually "move-in ready" for restaurant or market and cafe use Direct road frontage
  • Direct road frontage along Buckwalter Pkwy.
  • Owner may consider a lease.

OVERVIEW

Bluffton, SC is the fastest growing City in Beaufort County, with a population growth of almost 10% each year over the past decade. The average age of the population is 47 years and the median household income is $118,000. The medical and retirement industries have driven this growth in addition to the thousands of young professional families living in Bluffton and working in Beaufort County, SC and Savannah, Georgia. The Buckwalter Pkwy corridor has become the center of Bluffton's and Southern Beaufort County's commercial activity, growing at an amazing pace over the past five years. The Subject Property is located in Washington Square, one of the most exciting new mixeduse developments in the Low Country on 35 acres. Washington Square is on Buckwalter Pkwy adjacent to Berkeley Place to the north and Buckwalter Place to the south. Washington Square's development plan incorporates a large square and several open spaces which were inspired by Washington Square in New York's Greenwich Village. The master plan includes 60,000 sq. ft. of retail, 26,000 sq. ft. of office, 58 upscale townhomes, 40 apartments on The Square, and an 80- room boutique hotel. Tenants in Washington Square include Starbucks, Birdie James Women's Clothing, Hilton Head Running Shoe, Goddard Schools, and Pediatric Dental. Berkeley Place has the Cinemark Theater, business services, offices, and several notable restaurants including Outback Steak House. Buckwalter Place has a Publix and Kroger Food Store, The Culinary Institute of The South, Evicore Health (500 employees), St. Joseph Candler Medical Facility (40,000sq. ft.), Station 300 Family Bowling & Entertainment Center, Southern Barrel Brewing Company, and ten additional restaurants. In addition, the Beaufort Memorial Hospital Complex is under construction, less than 1/2 mile from the site, at the intersection of Buckwalter Pkwy and Bluffton Pkwy. Novant Hospital has also purchased land at this intersection and plans a major medical complex. The Bluffton K-12 School complex is located one half mile to the south on Buckwalter Pkwy. The Subject Building features dramatic architecture, a state-of-the-art commercial kitchen, tremendous visibility along Buckwalter Pkwy., and is virtually "move-in ready" for a restaurant, Food Market & Cafe operation.

FOR SALE DETAILS

PRICE

$6,300,000 USD

PRICE/SF

$591 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

R614-022-000-1130-0000

ASK ABOUT THIS PROPERTY

Tom DeMintSVN GASCMore Info
843-816-7191

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Tom DeMintSVN GASCMore Info
843-816-7191

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