8601 Dorchester Rd - Retail FOR SALE


North Charleston, SC 29420
$3,750,000 USD
864-787-7727
8601 Dorchester Rd, North Charleston, SC for Sale
$3,750,000 USD
Retail - FOR SALE
1/1
null | 4.8% Cap Rate

8601 Dorchester Rd
North Charleston, SC 29420


HIGHLIGHTS

  • Brand new Chipotle Mexican Grill (CMG)
  • Corporate Guarantee, 15 YR Absolute NNN Lease with extensions
  • National Co-tenants (Starbucks)
  • Convenient Location on Dorchester Road (45,300 VPD)
  • New construction with Chipotlane
  • Strong Demographics

OVERVIEW

Broadstreet Partners presents an investment opportunity to acquire a Chipotle location at 8601 Dorchester Road in North Charleston, SC. This property is offered at $3,750,000 with a 4.8% cap rate and $180,000 NOI. Strategically positioned between Cedar Grove Commons and Publix on Dorchester Road (45,300 vehicles per day), the property features a signalized intersection and excellent highway visibility. The location benefits from cotenancy with Starbucks and proximity to a newly developed shopping center featuring major retailers including Home Goods, PetSmart, Ulta, Five Below, Ross, and Lidl. The Charleston MSA is powered by diverse economic drivers and a thriving tourism industry. This investment offers an attractive opportunity in a proven profitable location within one of the fastest-growing markets in the Southeast

FOR SALE DETAILS

PRICE

$3,750,000 USD

PRICE/SF

$1,500 USD /SF

CAP RATE

4.8%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chipotle Mexican Grill

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.89 AC

LAND SF

38,768 SF

ZONING

PDD

APN/PARCEL ID

171-00-00-071,171-00-00-220,171-00-00-221

ASK ABOUT THIS PROPERTY

Matthew CovingtonBroadStreet Partners, LLCMore Info
864-787-7727

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Matthew CovingtonBroadStreet Partners, LLCMore Info
864-787-7727

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