6285 Rivers Ave - Auto Repair FOR SALE


Charleston, SC 29406
$875,000 USD
213-453-1770
6285 Rivers Ave, Charleston, SC for Sale
$875,000 USD
Auto Repair - FOR SALE
1/4
null | 5.97% Cap Rate

6285 Rivers Ave
Charleston, SC 29406


HIGHLIGHTS

  • NNN lease with no landlord responsibility
  • Recent exercising of option period after 10 year term
  • Strong National Credit Tenant

OVERVIEW

NAI Capital is pleased to present the opportunity to acquire the single tenant Tire Choice Service Center on fee simple land located at 6285 Rivers Ave, North Charleston, South Carolina. The Subject property is located in a dense retail corridor with neighboring retail tenant. Tire Choice recently renewed their first option after their original 10 year term and have 3 more five year options. There are annual rental increases of 3% and continue for the following options. This is an excellent opportunity to acquire a stable investment occupied by a reputable national tenant.

FOR SALE DETAILS

PRICE

$875,000 USD

PRICE/SF

$259 USD /SF

CAP RATE

5.97%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.54 AC

LAND SF

23,522 SF

ZONING

-

APN/PARCEL ID

475-15-00-009

ASK ABOUT THIS PROPERTY

David MalingNAI CapitalMore Info
213-453-1770

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David MalingNAI CapitalMore Info
213-453-1770

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