844 Savannah Hwy - Bank FOR SALE


Charleston, SC 29407- West Ashley
$3,578,947 USD
407-913-9009
844 Savannah Hwy, Charleston, SC for Sale
$3,578,947 USD
Bank - FOR SALE
1/4
null | 4.75% Cap Rate

844 Savannah Hwy
Charleston, SC 29407
West Ashley


HIGHLIGHTS

  • Allows for a true, passive investment with no management required
  • This location is the second Fifth Third Bank in Charleston providing limited competition
  • Opportunity to acquire an investment grade (S&P:A-) asset guaranteed by Fifth Third Bancorp (NASDAQ: “FITB)

OVERVIEW

Absolute NNN ground lease with 10% rental escalations throughout the lease term and option period Asset situated along Charleston’s primary east-west thoroughfare and retail corridor with convenient access to I-526 and downtown Charleston which attracts 7.4M+ visitors each year

FOR SALE DETAILS

PRICE

$3,578,947 USD

PRICE/SF

$1,884 USD /SF

CAP RATE

4.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fifth Third Bank

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.54 AC

LAND SF

23,522 SF

ZONING

-

APN/PARCEL ID

418-13-00-175

ASK ABOUT THIS PROPERTY

Connor ShellStream Capital PartnersMore Info
407-913-9009

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Connor ShellStream Capital PartnersMore Info
407-913-9009

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