8611 Dorchester Rd - Retail FOR SALE


North Charleston, SC 29420
$2,775,000 USD
864-787-7727
8611 Dorchester Rd, North Charleston, SC for Sale
$2,775,000 USD
Retail - FOR SALE
1/3
null | 5.75% Cap Rate

8611 Dorchester Rd
North Charleston, SC 29420


HIGHLIGHTS

  • Brand new Starbucks (SBUX)
  • National Co-tenants (Chipotle)
  • Convenient Location on Dorchester Road (45,300 VPD)
  • Corporate Guarantee, 10 YR NNN Lease with extensions
  • Strong Demographics

OVERVIEW

Broadstreet Partners presents an investment opportunity to acquire a Starbucks location at 8611 Dorchester Road in North Charleston, SC. This property is offered at $2,775,000 with a 5.75% cap rate and $159,500 NOI. Strategically positioned between Cedar Grove Commons and Publix on the going to work side of Dorchester Road (45,300 vehicles per day), the property features a signalized intersection and excellent highway visibility. The location benefits from co-tenancy with Chipotle 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

$2,775,000 USD

PRICE/SF

$1,110 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Starbucks

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.89 AC

LAND SF

38,768 SF

ZONING

PDD

APN/PARCEL ID

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.