3219 Ashley Phosphate Road
North Charleston, SC
Price:
$10,505,000
Cap Rate:
5.15%
NOI:
$541,020
Building Size:
Approx. 6,341 Sq. Ft.
Lot Size:
Approx. 2.52 Acres
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built:
2023
Investment Overview
- 2023 Construction. 6,341+/- SF Building on 2.52+/- Acre Site
- Brand New 15-Year Absolute NNN Lease w/ 10% Rental Increases Every 5 Years + the Option Periods
- Subject Property Located on Ashley Phosphate Rd (56,000+ VPD) & Nearby I-26 Fwy (116,000+ VPD)
- Located Next to Northwoods Mall, a Heavily Trafficked Mall w/ Over 50 Tenants Including JCPenny, Burlington, H&M, & More
- Just 15 Minutes from Charleston International Airport, Which had a 5,322,147 Passenger Travel Count in 2022
- 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World
- North Charleston | Located in the Fourth Fastest Growing MSA in the U.S. | Population: 117,472