3675 Savannah Hwy - Auto Repair FOR SALE


Johns Island, SC 29455- West Charleston
$1,988,000 USD
929-229-2614
3675 Savannah Hwy, Johns Island, SC for Sale
$1,988,000 USD
Auto Repair - FOR SALE
1/6
null | 6% Cap Rate

3675 Savannah Hwy
Johns Island, SC 29455
West Charleston


HIGHLIGHTS

  • Brand New Construction | 15-Year Absolute NNN Ground Lease | Scheduled 10% Rental Increases | Options To Extend | Strong Franchisee Guaranty
  • Premier Frontage | High Visibility Corridor
  • Dense Retail Corridor | Adjacent To West Ashley Place
  • New Development On Johns Island
  • $138k+ AHHI | Direct Residential Consumer Base
  • Charleston MSA | Proximity To Downtown

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the leased fee interest in a brand-new, Absolute NNN Ground-Leased retail property located on Johns Island, South Carolina. The lease is secured by a 15-year term with three (3) 5-year renewal options, and features 10% rental increases every five years throughout the initial term and at the beginning of each option, providing built-in NOI growth and inflation protection. The lease includes a guaranty from ClayCon Oil, LLC, one of Take 5’s largest franchisees and the recipient of Take 5’s Franchisee of the Year award in 2024. With the tenant responsible for all expenses including taxes, insurance, and maintenance, the lease offers zero landlord responsibilities, ideal for passive or out-of-state investors.

FOR SALE DETAILS

PRICE

$1,988,000 USD

PRICE/SF

$936 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Take 5 Oil Change | New 15yr Abs NNN Grd Lse

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Auto Repair, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.94 AC

LAND SF

40,946 SF

ZONING

Commercial

APN/PARCEL ID

285-00-00-018

ASK ABOUT THIS PROPERTY

Britt RaymondSRS Real Estate PartnersMore Info
929-229-2614

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Britt RaymondSRS Real Estate PartnersMore Info
929-229-2614

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