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3931 Byrnes Dr

34,480 SF 100% Leased Retail Building Saint Stephen, SC 29479 $2,000,000 ($58/SF) 5.30% Cap Rate

Mixed Use Properties South Carolina Saint Stephen 3931 Byrnes Dr, Saint Stephen, SC 29479

Executive Summary

Shopping center anchored by IGA store with potential to develop 4 more acs. 165 parking spaces. Includes 2/3ac lot TMS 026-10-01-003.
DIRECTIONS: Hwy 52 to St. Stephens
LEASE INFO: GROUND LEASES WITH IGA AND GAS STATION; 8,160SF FREESTANDING BUILDING + 4800SF OF RETAIL SPACE NEXT TO IGA.
TENANT INFO: IGA STORE, IGA GAS STATION,, SANTEE DRUG CENTER, 1 restaurant, 1 school and 1 church (4800 SF).

Attachments

OM July 22
Santee flyer 1 pg

Financial Summary (Actual - 2021) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2021) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts Under Contract

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
34,480 SF
Building Class
B
Year Built
2000
Price
$2,000,000
Price Per SF
$58
Cap Rate
5.30%
NOI
$106,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.07
Lot Size
11.20 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
F1
Parking
165 Spaces (6.1 Spaces per 1,000 SF Leased)
Frontage
342 FT on Byrnes Dr

Amenities

  • Bus Line
  • Pylon Sign
  • Signage
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PROPERTY TAXES

Parcel Numbers
Multiple
  • 026-10-01-067
  • 026-10-01-003
 Total Assessment $93,152 (2023)
Land Assessment $14,887 (2023) Annual Taxes ($1) ($0.00/SF)
Improvements Assessment $78,265 (2023) Tax Year 2021

PROPERTY TAXES

Parcel Numbers
Multiple
  • 026-10-01-067
  • 026-10-01-003
Land Assessment
$14,887 (2023)
Improvements Assessment
$78,265 (2023)
Total Assessment
$93,152 (2023)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2021
(843) 224-7288

Contact

  • Listing ID: 26258158

  • Date on Market: 7/26/2022

  • Last Updated:

  • Address: 3931 Byrnes Dr, Saint Stephen, SC 29479

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3931 Byrnes Dr, Saint Stephen, SC for sale Site Plan- Image 19 of 20
3931 byrnes As-Built and Topo Survey

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3931 Byrnes Dr
(843) 224-7288 x

3931 Byrnes Dr

Doug Richardson

(843) 224-7288

(843) 224-7288

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