9033 Old Number Six Hwy - Freestanding FOR SALE


Santee, SC 29142
$2,000,000 USD
843-343-1351
9033 Old Number Six Hwy, Santee, SC for Sale
$2,000,000 USD
Freestanding - FOR SALE
1/4
null | 5.85% Cap Rate

9033 Old Number Six Hwy
Santee, SC 29142


HIGHLIGHTS

  • Interstate Exit on I-95
  • 10-Year NN Lease
  • (6) 5-Year Renewal Options
  • Starbucks - 2020 Construction

OVERVIEW

Oswald Cooke & Associates is pleased to offer a Starbucks investment opportunity in Santee, South Carolina, available to a qualified buyer. The 2,510 SF freestanding restaurant was built in 2020 and sits on 0.74 acres. The property is subject to a 10-year NN lease with fixed rent during the base term and six (6) five-year renewal options featuring 10% rental increases at each option. The property is strategically located at Exit 98 on Interstate 95, a major East Coast travel corridor. Santee is a popular tourism destination anchored by Lake Marion, South Carolina’s premier fishing and recreational lake. The surrounding retail corridor includes McDonald’s, CVS, Bojangles, Taco Bell, Dollar General, multiple hotels, and other national brands, supporting strong traffic counts and long-term tenant performance.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$800 USD /SF

CAP RATE

5.85%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Starbucks

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Fast Food, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

46

LAND DETAILS

LAND ACRES

0.93 AC

LAND SF

40,511 SF

ZONING

GC

APN/PARCEL ID

0324-17-02-006.000

ASK ABOUT THIS PROPERTY

Benjy CookeOswald Cooke and AssociatesMore Info
843-343-1351

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Benjy CookeOswald Cooke and AssociatesMore Info
843-343-1351

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