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CVS 1330 Dutch Fork Rd

10,953 SF Retail Building Irmo, SC 29063 $2,380,952 ($217/SF) 6.30% Cap Rate

Investment Highlights

  • High Income Neighborhood of Columbia, SC – The 1-Mile population has an average household income of $149,703 per year
  • Location Highlights – Located less than a 5-minute drive from Lake Murray
  • Hedge Against Inflation – Strong rental increases included in the lease
  • Surrounded by many credit retailers – Walmart, Aldi, Starbucks, Chick-Fil-A, McDonald’s, etc.
  • Long Term Lease – More than 15 years of remaining lease term
  • Low Rent / SF – The rent / SF is only $15, while the CoStar estimated Rent / SF is $19 – 23 NNN

Executive Summary

Broker of Record
Hutt Cooke
License No. 263667 (TN)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
10,953 SF
Building Class
B
Year Built
1998
Price
$2,380,952
Price Per SF
$217
Cap Rate
6.30%
NOI
$150,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Land Acres
1.20 AC
Zoning
GC
Parking
38 Spaces (3.47 Spaces per 1,000 SF Leased)
Frontage
161 FT on Bickley Rd

Amenities

  • Pylon Sign
  • Signalized Intersection
  • Drive Thru

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
02415-04-09
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,175,000
  • Listing ID: 33210383

  • Date on Market: 9/17/2024

  • Last Updated:

  • Address: 1330 Dutch Fork Rd, Irmo, SC 29063

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