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3603 Maybank Hwy
Johns Island, SC 29455

6 YR CORPORATE CIRCLE K (RANKED #2 IN WORLD) · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Service Station
Building Size
3,360 SF
Building Class
C
Year Built/Renovated
1976/2007
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.89 AC
Parking
10 Spaces (2.98 Spaces per 1,000 SF Leased)
Frontage
85 FT on Bohicket Rd

Amenities

  • Bus Line
  • Corner Lot
  • Pylon Sign
  • Signage
  • Signalized Intersection

About 3603 Maybank Hwy , Johns Island, SC 29455

INVESTMENT HIGHLIGHTS Absolute NNN lease gives landlord a management-free investment Convenience store industry is one of the safest compared to other retailers and is e-commerce proof Fee simple ownership allows an investor to experience one of the greatest benefits of owning a gas station, the ability to use an accelerated depreciation schedule to significantly increase after-tax cash flow (verify with CPA) Excellent visibility and access Circle K has 7 options to renew the lease Lease has rental increases of 5% every 5 years Alimentation Couche-Tard operates over 14,000 locations across the globe CSP ranked Circle K as the #2 convenience store in the world Located on a hard, signalized corner in the city’s main intersection Experiences over 23,000 cars per day, ideal for a convenience store Circle K’s credit rating is BBB Property is located in the town’s main retail corridor, surrounding retailers include McDonald’s, CVS, Wells Fargo, BI-LO, Anytime Fitness, Sherwin-Williams, etc.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
279-00-00-131
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$154,080
  • Listing ID: 9725168

  • Date on Market: 10/24/2017

  • Last Updated:

  • Address: 3603 Maybank Hwy, Johns Island, SC 29455

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