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Sherwin-Williams 2515 N Main St

8,950 SF Retail Building Summerville, SC 29483 $1,847,090 ($206/SF) 5.50% Cap Rate

Investment Highlights

  • 44,000 VPD - N Main Street
  • Carnes Crossroads - Summerville
  • Traffic Lit Intersection

Executive Summary

Oswald Cooke & Associates is pleased to offer the Sherwin Williams located at 2515 N Main Street, Summerville, SC for sale. The 10-Year NN lease commenced in September 2019 and offers (8) 5-Year renewal options with 8% rent escalations at each option. The 3,500 SF retail building is situated on 0.53 acres and is a part of the Carnes Crossroads development. Carnes Crossroads is a thoughtfully planned community that offers housing (4,500 homes) for all ages, commercial amenities to meet the needs of local residents, as well as office space and medical office. Some of the retailers in the area include: East Bay Deli, Dunkin’ Donuts, Polly’s Fine Jewelry, Jersey Mikes, Fleet Feet, Harris Teeter (Coming Soon), Exxon, Sunoco, and many others.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
8,950 SF
Year Built
2019
Price
$1,847,090
Price Per SF
$206
Cap Rate
5.50%
NOI
$101,590
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
1.34 AC
Zoning
PD
Parking
57 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
248 FT on Hwy 17-A

Amenities

  • Pylon Sign
  • Signage
  • Air Conditioning

Nearby Major Retailers

Another Broken Egg
HOTWORX

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 222-00-00-212
  • 222-00-00-050
Land Assessment
$331,044
Improvements Assessment
$96,738
Total Assessment
$427,782
  • Listing ID: 34082998

  • Date on Market: 12/4/2024

  • Last Updated:

  • Address: 2515 N Main St, Summerville, SC 29483

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