791 Sea Island Pky - Freestanding FOR SALE
Saint Helena Island, SC 29920 |
$1,360,000 USD
310-971-3116
791 Sea Island Pky
Saint Helena Island, SC 29920
HIGHLIGHTS
- 2011 Construction Build-to-Suit Family Dollar
- 5.50 Years of Guaranteed Lease Term (Lease Exp: January 31, 2031)
- 10% Rental Increase in 2.5 Years (February 1, 2028) | Cap Rate Increases to a 9.07% in February 2028 (Assuming a Purchase at List Price)
- “Old Country Store” | Upgraded Building Face and Features | Hardie-Plank, Shutters, Windows, Vaulted Ceilings, Etc.
- Recent Store Remodel | Family Dollar Remodeled the Store in 2023
OVERVIEW
Schuchert Retail Group and Brian Brockman (Bang Realty-South Carolina Inc.) are pleased to exclusively present for sale the 8,000 SF Family Dollar located at 791 Sea Island Parkway, St. Helena Island, SC 29920.
In Conjunction With: Brian Brockman (Bang Realty-South Carolina Inc.) - License #108250
SC License #108250
FOR SALE DETAILS
PRICE
$1,360,000 USD
PRICE/SF
$164 USD /SF
CAP RATE
8.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
5.5 Yrs. | 10% Rent Increase in 2/1/28
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2011
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.73 AC
LAND SF
31,799 SF
ZONING
6103
APN/PARCEL ID
R300-016-000-0316-0000
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310-971-3116
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310-971-3116
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