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3305 5th North St.

4,694 SF Retail Building Summerville, SC 29483 $8,264,704 ($1,761/SF) 6.25% Cap Rate

Investment Highlights

  • High-Growth Market
  • New State-of-the-Art Construction
  • Strong Traffic and Visibility
  • Well Capitalized & Experienced Tenant
  • Absolute NNN Lease

Executive Summary

The Net Lease Group is pleased to exclusively offer for sale the fee simple interest in a 4,694 SF, freestanding convenience store and fueling station (the “Property”) that is 100%, absolute triple net (NNN) leased to one of the fastest growing convenience store operators in the southeast, Refuel. The Property is located at 3305 W 5th North Street in Summerville, South Carolina, part of the Charleston MSA, one of the largest and fastest growing metros in the state.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Service Station
Building Size
4,694 SF
Building Class
C
Year Built
2024
Price
$8,264,704
Price Per SF
$1,761
Cap Rate
6.25%
NOI
$516,544
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
2.32 AC
Zoning
CG - Commercial
Parking
48 Spaces (10.23 Spaces per 1,000 SF Leased)
Frontage
399 FT on West 5th North Street

Amenities

  • 24 Hour Access
  • Signage
  • Air Conditioning

Nearby Major Retailers

Food Lion
Blimpie

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
121-00-00-117
Land Assessment
$53,040
Improvements Assessment
$0
Total Assessment
$53,040
  • Listing ID: 33826549

  • Date on Market: 11/11/2024

  • Last Updated:

  • Address: 3305 5th North St., Summerville, SC 29483

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